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

Yes, we have fuel excise indexation; and, yes, in the first year that will cost the average family between 40c and 60c a week.

The truth is that all of us have to contribute to the budget repair job. We all have to contribute to the budget repair job. The sad truth is that every single Australian is paying the price for Labor's debt and deficit disaster. Every single Australian is paying the price for Labor's debt and deficit disaster. Labor's interest bill is $1 billion every single month. This is the sad price that every single Australian is having to pay to repair six years of incompetence, debt and deficit deceit. That is the price.

Do I regret this? Of course I regret it. We are all having to pay the price of Labor's incompetence. Of course I regret it, but I make no apologies ever—ever—for doing what is necessary for this country. I make no apologies whatsoever for doing what is necessary for this country. The people of Australia elected us to fix the mess that Labor left, and fix it we will.

I ask that further questions be placed on the Notice Paper.

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