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

Mr President, I ask a further supplementary question. Given the Treasurer and this minister for finance delivered a massive blow-out in the deficit for the last financial year—at $43.3 billion, it was four times larger than the $10 billion deficit predicted before the last election—and the government's cash position this year is already worse than it has been on average over the last four financial years, I ask again: why would anyone trust Labor's promise of a surplus in 2012-13?