Have a drink out of your 'back in black' mug! Remember that: 'back in black'? This was their budget, with the 'back in black mugs' and the slick videos with Scottie and Josh parading smugly down the corridors. But what did they deliver? The highest-ever deficits, highest-ever debt and nothing to pay for it.

This is a government that's actually delivering back-to-back surpluses. Remember the famous calls of the former Liberal government, 'We will deliver a budget surplus in our first year and each and every year.'