House debates
Thursday, 7 December 2023
Questions without Notice
Labor Government
2:19 pm
Jim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source
We are repairing the budget. We turned a $78 billion deficit into the first surplus in 15 years. That $100 billion turnaround is the biggest ever in this country. Because of our responsible economic management, gross debt will now peak lower, and that's saving Australians tens of billions of dollars in interest costs.
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