House debates

Tuesday, 26 May 2009

Questions without Notice

Economy

2:40 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to his statement yesterday that in 2020 his government will have left the country with a net debt liability of $75 billion. Will the Prime Minister inform the House in which year his ‘temporary’ debt will be finally paid off?

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | | Hansard source

I am advised by the Treasury it will be within about two years of that time.