Nick Sherry (Tasmania, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

I think it would be a good idea if Senator Coonan did read the budget paper and the page that I have referred to. I do find it amazing that the opposition, in Senator Coonan, would ask a question like this. I have indicated and it is well known—unfortunately not by some opposite—that we are in a world economic recession of great depth which has impacted on revenues to the budget to the tune of over $210 billion. As Senator Coonan asked, I went to three specific examples on page 5-46 of Budget Paper No.1—