House debates

Thursday, 7 December 2023

Questions without Notice

Labor Government

2:19 pm

Photo of Jim ChalmersJim 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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