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

Yes, I am aware of alternative policy approaches, because Australia of course is still digesting the consequences for our country of the unsustainable and unaffordable spending growth under the previous Labor government. Of course during the election campaign, Labor was at it again: promising more spending, more unfunded spending promises, and even admitting to the Australian people that Labor in government would deliver bigger deficits, higher debt and more taxes—about $16.5 billion in higher deficits, and that is assuming that the omnibus savings bill measures will all be passed.

Now we are getting the wibble-wobble-jelly-on-a-plate approach on the omnibus savings bill. During the campaign, Mr Shorten said he would support all these savings. Now he is not so certain anymore, because no doubt he is under pressure from a section of the Labor Party that is not wanting to let him deliver on the promises on savings that he made to the Australian people. The Australian people expect better than that. (Time expired)