House debates

Thursday, 5 May 2016

Questions without Notice

Budget

2:12 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

What we have done is set out in the budget papers detailed four-year estimates, as has always been the case, and then a medium-term outlook that sets out what the overall outcome of the budget is likely to be over that 10-year period, recognising the many uncertainties that attend such a long projection. That has always been the case. What honourable members opposite are asking the government to do is to provide a detailed element in the Treasury's calculation, which has never been the practice of Treasury to provide before

The projections over the medium term, as honourable members know, are to give the parliament—the public—an estimation, a projection, of the direction the budget is heading in, and that is exactly what it has done.

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