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

Next year it is an eight per cent increase and the year after that it is an eight per cent increase. Madam Speaker, I got it wrong: it is not a four per cent increase; it is actually a six per cent increase for public schools in the final year. This is a government which is sustainably supporting the great public schools and the great public hospitals of this country. What we are not doing is pretending that we can forever put the mortgage on the Bankcard and that is what members opposite tried to do. And that is why this country is now paying $1 billion every single month in interest on the borrowings. That is the price that every single Australian has to pay for Labor's incompetence. We did not create the problem, but we will fix it.

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