Senate debates

Thursday, 5 February 2009

Appropriation (Nation Building and Jobs) Bill (No. 1) 2008-2009; Appropriation (Nation Building and Jobs) Bill (No. 2) 2008-2009; Household Stimulus Package Bill 2009; Tax Bonus for Working Australians Bill 2009; Tax Bonus for Working Australians (Consequential Amendments) Bill 2009; Commonwealth Inscribed Stock Amendment Bill 2009

Second Reading

4:59 pm

Photo of Mary FisherMary Fisher (SA, Liberal Party) Share this | Hansard source

It has to be repaid, indeed, Senator Cash—with interest! For all his promises, the Prime Minister’s grand plan to save the economy resulted in less than 20 per cent expenditure of the total bonus payments pre Christmas. Had that plan been at least partly successful, we would not be in the situation in which we find ourselves today. We would surely not be debating the so-called need for and wisdom of a $12.7 billion cash splash starting tomorrow. Indeed, the cash did not cause enough of a splash last time, and it certainly will not help now.

Comments

No comments