Scott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source

I think the Reserve Bank, on the evidence before the parliamentary committee, has been very clear. Others might want to verbal what it all means, but what I know is that I've been working with the Reserve Bank governor, as both a Treasurer and a Prime Minister, for four years, and it is as a result of the Reserve Bank governor's suggestions to us many years ago about the need to move on infrastructure that we have the $100 billion infrastructure pipeline that has been in the budget since April of this year and has featured in previous budgets.

I know those opposite, if they had the opportunity—if they had won the election—would be spending, spending, spending, and that's only because they would have been taxing, taxing, taxing. The first whiff of a surplus, and the Labor Party would blow it all in a heartbeat. By contrast, my government is showing sober, cautious, disciplined financial management, to ensure we both achieve the first surplus in 12 years and deliver on the $100 billion infrastructure program and on the tax cuts that we promised to Australians and that we've achieved in this parliament, which those opposite fought tooth and nail to try and stop. We heard a little earlier today that apparently we're not going to find out what the policies of those opposite are until 2022. You'll need a time machine to find out their policies, Mr Speaker, but, whether you go backwards or forwards, they'll all equate to economic irresponsibility.

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