Josh Frydenberg (Kooyong, Liberal Party, Assistant Treasurer) Share this | Hansard source

I thank the honourable member for her question and acknowledge the strong contribution she makes to regional economic growth. At the end of 2007, when those opposite took government. There was zero government debt and more than $50 billion in the bank. They had the best terms of trade in 140 years, and revenue increased by more than 22 per cent under those opposite. But, despite those good conditions, they left us $240 billion worth of deficit and a trajectory of $667 billion worth of debt. It has been left to the Treasurer and people on our side to clean up your mess.

Mr Perrett interjecting—

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