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

(South Australia—) (): It is important to have a sound fiscal strategy, which is why the government has one. It is why the government's strategy has been supported by those such as the IMF. It is interesting in the context of talking about fiscal strategy to consider the opposition's position on this, which is simply all over the place. We have had this extraordinary experience of seeing Mr Hockey first saying 'It is a $70 billion black hole' and then saying 'Oops, it is not.' Then, Mr Abbott said 'No, $70 billion in fanciful.' And then Mr Robb, presumably telling the truth, confirmed the $70 billion figure. So we have Mr Abbott, Mr Hockey and Mr Robb all saying something different about the size of the black hole in the fiscal strategy of those opposite. (Time expired)