House debates

Monday, 16 June 2014

Questions without Notice

Economy

2:07 pm

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

in Australia's history. The former government gave us debt and deficit stretching out as far as the eye can see. The policies of the former government would have given us $123 billion in cumulative deficits over the next four years and debt peaking at $667 billion. Because of the position the former government left our country in right now the Australian people, through the Commonwealth budget, are spending a billion dollars on interest alone every month.

Mr Dreyfus interjecting

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