Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

Liquid paper is not around anymore, but we still have the words:

… the Government has returned the Budget to surplus three years ahead of schedule and ahead of any other major advanced economy, and the debt and deficit campaign is now exposed for the fraud that it always was.

The Labor government that has not delivered a surplus since Bob Hawke was Prime Minister, the Labor Party that did not deliver a surplus in the lifetime of Wyatt Roy, the member for Longman! The Labor Party last delivered a surplus before he was born. And yet the member for McMahon, who does not know the difference between net debt and gross debt and put it in writing, who does not know the currency of China and who claimed a surplus, has the gall to ask about being sloppy. CommSec, as they admitted, got it wrong. That is why I cited CommSec. But in fact CommSec said that the figure about 2002 goes to New South Wales.

Mr Dreyfus interjecting—

See this speech in context