Senate debates

Wednesday, 9 May 2012

Questions without Notice

Budget

2:06 pm

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

I can summarise that advice in this way. As the opposition would be aware, the budget papers show that government debt remains under the existing cap at the conclusion of each financial year. However, as the advice outlines, there is a significant amount of fluctuation within the year. There are two key reasons for this. First, a timing mismatch—

Opposition senators interjecting—

If you do not want to know the answer, why ask the question? (Time expired)

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