Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

Mr President, I understand why they want to shout, because they do not want to hear this because it is embarrassing. You go to the last election and you say, ‘We’re going to meet the five per cent reduction by 2020.’ You say, ‘We’re going to cost it at $10-and-a-bit billion.’ You are now found out: $30 billion, a $20 billion black hole on top of your previous black holes, and this is the coalition that already started behind the eight ball. You already had a budget black hole; you are just adding to it. (Time expired)