Prime Minister Tony Abbott has warned that "tough
decisions" are coming to restore the federal budget.
In the last parliamentary sitting day before Treasurer Joe
Hockey brings down his first budget on May 13, Mr Abbott said
of all the government's commitments, the most fundamental was
to restore the budget.
"Tough decisions are coming," he told parliament.
"They are necessary for the prosperity of our country."
Shadow treasurer Chris Bowen asked Mr Hockey why, if he is
concerned about the budget, did he double the deficit and add
$68 billion of new spending, and change economic assumptions
to his mid-year review in December.
Mr Hockey described this as "great fiction" which came from a
party with a record of $190 billion of deficits in five
"The legacy of Labor is that over the next 10 years there is
no surplus, there is no repayment of debt," he said.
"The Labor party legacy of debt and deficit wasn't just for
the period they were in government, it is for as far as you
can see in the years ahead."
He said the government plans were very clear, and entirely
consistent in dealing with what were changing economic
circumstances over the last few decades.
"We said government cannot afford to waste taxpayers' money,"
He said the pink batts program was a terrible waste of money
and cost lives; GP super clinics were medical facilities that
did not treat any patients; and the NBN was a litany of waste
"We are going to fix the mess," he said.