Brett Mason (Queensland, Liberal Party, Shadow Parliamentary Secretary for Education) Share this | Hansard source

Labor lost it; you are quite right. Labor lost the AAA credit rating at a time when we were still in boom. In March last year, 12 months ago, when we were still in boom, Standard and Poor’s warned the Queensland state government that there was a problem. Could they rectify the problem, even in boom times? No, they could not. So how the hell will they look after the state’s finances as we go into recession? The Bligh government has been an absolute disaster for the people of Queensland, and particularly for young students.