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

I have made clear in this chamber for some time, as has my predecessor, as has the Prime Minister and as has the Treasurer, the nature of the fiscal strategy and the fiscal rules. The two per cent cap on expenditure is one of the fiscal rules, along with returning the budget to surplus in 2012-13. It would be useful, perhaps, if those senators on the other side who have an interest in matters economic and fiscal could turn their sights to the lack of fiscal responsibility being demonstrated by the opposition. We see, yet again, opposition senators putting forward policies that are not costed and not funded, adding to the $10.6 billion black hole.