Senate debates

Tuesday, 7 August 2007

Questions without Notice

Federal Election

2:09 pm

Photo of Nick MinchinNick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

Mr President, I do not think Senator Forshaw, with great respect, understands anything about economics. The point of running surpluses is to ensure that we minimise the pressure on inflation and interest rates. They have been attacking us for running substantial surpluses. The reason we run substantial surpluses when times are good is that it is prudent to run substantial surpluses and make sure that Commonwealth—

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