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

As I explained yesterday, both gross debt and net debt as a proportion of GDP peak in 2011-12. Obviously Treasury make certain assumptions about the size of the CGS as well as what the relevant interest rate will be in terms of estimating going forward. I would make this point when we talk about budget costings from those on the other side—