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

I think the best thing for the senator to do would be to read the Prime Minister's speech, because she spoke in detail about not only the reforms but also the importance of having these reforms on a sound fiscal footing. She referred to the fact, for example, that those opposite have opposed structural saves such as the private health insurance rebate which will continue to provide savings to the budget for decades to come—opposed by the opposition who now want to come in here and talk about the long-term funding position. Again, it all comes down to this: we will—as we have done previously and we will again prior to this election—comply with the Charter of Budget Honesty; those opposite have no credibility until they make the same commitment.