Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

If you want to know where you are headed, it is most important to know what trajectory you are on. Six years of Labor government put us on a bad trajectory. This government is focused on putting us on a good trajectory. Back in 2007 Labor inherited a strong economy and a strong budget.

Look no further than this; I launched earlier today this 'Menzies essay': Quiet Achievers: The New Zealand Path to Reform. Labor keeps hiding behind the global financial crisis to justify its failure in government, to justify the debt and deficit disaster they left behind. Labor in Australia inherited a strong position in 2007. The National Party in New Zealand inherited a weak position comparatively. Look at what the National Party in New Zealand has done in six years of National Party government in New Zealand post GFC— (Time expired)