Senate debates
Thursday, 15 May 2008
Questions without Notice
Budget
2:10 pm
Nick 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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