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

Only then will we be able to say we can respond to significant global shocks. And so the challenge for all of us is very clear: like the household budget, we have to balance our books by ensuring we do not spend more than we earn. Only then can we afford the standard of living that Australians expect.

Our agenda to address this challenge begins with our omnibus savings bill.

See this speech in context