Senate debates

Wednesday, 2 September 2020

Questions without Notice

COVID-19: Economy

2:04 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

The decisions our government made prior to this crisis improved our budget position by more than $250 billion over the 10 years to 2022-23. That put us on a better, more sustainable fiscal trajectory for the future as we went into this crisis. It has enabled us to provide record levels of crisis support into the economy—to business and to working families. If we had not done what we did in our first six years in government, we would have had less fiscal capacity to respond and our economy would have been less resilient—

Opposition senators interjecting—

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