Josh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

It's like being hit with a wet lettuce, Mr Speaker! At the end of the day, what we have done is provide energy assistance payments to people who need them most. We have done that from a strong budget position. We acknowledge the cost-of-living pressures that people are under. But I can also tell the House that we have announced a budget surplus, and that when it comes to our previous forecasts, we have outperformed them. When it came to the 2016-17 year we outperformed the forecasts in the final budget outcome by $4 billion. When it came to the 2017-18 final budget outcome we outperformed by $19.3 billion.

But when the member for Lilley was running around doing budgets, he actually underperformed his own forecasts. Do you know by how much, Mr Speaker? It was by $80 billion!

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