Kim Carr (Victoria, Australian Labor Party, Shadow Minister Assisting the Leader for Science) Share this | Hansard source

The statements that the Minister for Finance has made are quite erroneous in a number of ways. The specific inquiry that Senator Milne and I are seeking to prosecute with you is the detail of the modelling that you claim has been undertaken. It is true that I do have some interest in this topic. I have been pursuing these questions for the better part of 20 years while a member of this parliament. That is why I can say with certainty that Treasury has never ever, not once, got it right when it comes to their projections on R&D expenditure—not once in 20 years.