Fiscal Policy
Background
The member highlighted the government's efforts to repair the budget by finding $178 billion in savings while maintaining investment in essential services like Medicare and the NDIS.
Question
The member asked why responsible budget management was important and how the government was delivering services while repairing the budget. She also asked about the importance of a proposed $3 billion reinvestment in aged care and the risks of blocking such measures.
Includes 2 supplementary questions.
Answer from Katy Gallagher
The minister stated that the government was paying down debt and lowering interest payments while delivering necessary services. She criticised the opposition for opposing savings measures, noting they had committed to nearly $580 billion in spending without explaining how to fund it. The minister argued that the opposition's decision to discharge private health insurance savings legislation added $3 billion to their unfunded commitments. She concluded that the government would continue to find sensible savings and manage the budget responsibly, contrasting this with the opposition's approach of spending more and worrying about funding later.
Summary in reported speech - not a transcript. AI-generated, so check the source.