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

I will answer that aspect of the question which is in my portfolio responsibility and not some of the rhetorical accusations which characterise that question. In relation to the current period of the fixed price, as I have said—and this will be the third occasion during this set of questions—we have reflected the cost of the policies, including the household assistance package, in the budget bottom line, which shows the budget returning to surplus in 2012-13. I would remind those opposite that their policy is to claw back the age pension increase and the increase to the disability support pension, to not give the tax cuts through the tripling of the tax-free threshold and to claw back the family tax benefit increases. That is coalition policy. In relation to what occurs in the 2015-16 year, we will account for that properly in the usual way, which is something you can never give a commitment to, because you refuse to cost your policy; you know it will cost more. (Time expired)