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

It was to do in that budget a generation of budget repair that was absolutely needed after six years of budgetary chaos.

And the Intergenerational report shows what has already been achieved. Labor's debt and deficit has been halved. What that shows is that there is a very good foundation on which to build in this coming budget. That is why it will be a prudent, frugal and responsible budget, a budget which has good news for families, with an improved childcare package. It will have good news for small business, with a tax cut for small business, because we believe, unlike members opposite, that small business people are doing it tough and they need a break, and we want to give it to them because they are the creative people in our economy. So it will be frugal, prudent and responsible. It will build on this foundation.

The shadow minister should not believe everything she reads in the newspaper—that is where she does her research, obviously. She relies on the newspaper to do her research for her. No wonder they left our country in such a mess.

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