Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

We topped up the capital of the Reserve Bank because capital had been stripped by the former government. It is as simple as that. We were advised by the Governor of the Reserve Bank that it was prudent to increase the capital and that is exactly what we have done. In respect of documents that have been sought by the Senate, our policy on this matter will be exactly the same as the policy of previous governments. It is probably worth reminding the former Treasurer that on at least 12 separate occasions the government in which he served refused to comply with an order of this sort from the Senate.

A government member: Hypocrites.

I do not want to call them hypocrites because that would be outside the standing orders. But that is what they are.

See this speech in context