Senate debates

Thursday, 15 May 2008

Questions without Notice

Budget

2:10 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

Heather Ridout, head of the Australian Industry Group, has been very clear. She said to the Australian Financial Review:

It is an on-task budget that is disciplined and ambitious … The government has taken a pretty hard-nosed approach to spending to address inflation …

The next one may not make the Liberal opposition quite so happy and jovial. It is from Saul Eslake. Senator Abetz and I know Saul Eslake very well because we were at university together—and Saul Eslake was in the Liberal Party. Let us hear what this well-known economist—who was in the Liberal Party and, I understand, is a supporter of the Liberal Party—has to say:

… unlike the last few budgets of the Howard government, it doesn’t put significant upward pressure on inflation …

That is what former member of the Liberal Party Mr Eslake, from ANZ, had to say. Mr Eslake, as Senator Abetz well knows—

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