Senate debates

Thursday, 10 May 2012

Questions without Notice

Budget

2:01 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

My question is to the minister representing the Treasurer, Senator Wong. Why does a government which is promising surpluses for each single year over the forward estimates have to pay $1.2 billion more in net interest payments to service its debts in 2015-16 than it does in 2012-13? Is the government expected government borrowings to go up over that period or interest rates or both?

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