Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

I thank Senator Bragg for the question. I don't have the IMF report in front of me, but I think those opposite—well, I don't want to say they've verballed the IMF—have used the IMF report selectively for political purposes. My recollection of the IMF's report is that it talked about being mindful of the impact of establishing funds and being cautious about the use of them, and that's exactly what we were doing. In fact, if we go back and have a look at when you were in government, you established quite a number of those funds in a similar way that we are doing now. We are using them to drive a common good, whether it be in housing, in manufacturing jobs, or in ensuring we've got an energy grid that actually works for the renewable energy future that Australia will have to have. (Time expired)