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Title

MOTIONS

Budget

Database

Senate Hansard

Date

06-12-2017

Source

Senate

Parl No.

45

Electorate

 

Interjector

PRESIDENT, The

Page

9935

Party

LP

Presenter

 

Status

Final

Question No.

 

Questioner

 

Responder

 

Speaker

McGrath, Sen James

Stage

Budget

Type

 

Context

MOTIONS

System Id

chamber/hansards/3c0ea04b-bee9-4c09-9a7d-92d71100e212/0225


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Wednesday, 6 December 2017
Page: 9935


Senator McGRATH (Queensland—Assistant Minister to the Prime Minister) (16:29): I seek leave to make a short statement.

The PRESIDENT: Leave is granted for one minute.

Senator McGRATH: When the coalition government was elected, spending as a share of the economy was rising to 26.5 per cent of GDP. In 2017-18, it is estimated to be 25.2 per cent and will fall to 25 per cent over the forward estimates. Average real growth in spending under this coalition government is lower than the average of each of the previous five governments, extending back almost 50 years. The coalition government has achieved this and is on track to achieve budget balance, in spite of Labor's resistance to sensible budget repair measures.

Question agreed to.