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

Well, no, because the saving associated with this initiative is part of the program to pay for additional spending on child care. The fact is that we have had to spend in excess of $5½ billion extra on child care already and we have also committed to an extra $3½ billion in response to the recommendations of the Productivity Commission, and what is more is we have committed an extra $900 million to preschools across Australia because the Labor Party stopped funding preschools. The Labor Party stopped funding preschools in Australia. Shame! They stopped funding preschools in Australia.

Ms Butler interjecting—

See this speech in context