That the House expresses its concern that:

(1)   the Government will increase the national public debt by 2013 to an unprecedented $315 billion;

(2)   the Government’s interest bill on this debt, as yet undisclosed, will be a continuing burden on Australian families for future generations;

(3)   despite claims that the Government will pay off its debt by 2022, the Government has refused to provide any modelling to substantiate this claim; and

(4)   the high level of Government borrowing will place an ongoing and upward pressure on interest rates for Australian families.