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

I thank Senator Walsh for that question. We have flagged through the budget and indicated that we were expecting a surplus for the 2022-23 year. It will come in significantly higher than was forecast at this year's budget, and we will be the first government in 15 years to actually deliver a budget surplus—not promise one, not get mugs printed, not run around saying how great we are that we expect to deliver one but actually deliver a budget surplus, reduce the amount of debt we have to borrow and reduce interest payments for a generation over time because of our fiscal management.