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

I thank the Leader of the Opposition for his question, because obviously it is important that our budgetary position continue to improve. It needs to improve because of the disaster that members opposite created. As the Australian people now well know, under members opposite the six biggest deficits in our history were bequeathed to this government—the six biggest deficits in our history. $250 billion-plus of deficit was created by members opposite in their six budgets. In last year's budget we made a very good start on budget repair—an excellent start.

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