Department of the Legislative Assembly, Northern Territory Government

Mr EDE - 1995-05-18

In the 1993-94 budget, the Treasurer made a promise to Territorians. He said that he would cap net interest payments at the 1992-93 level of $170m. Remember that? Net interest costs were $173m in 1993-94 - a broken promise. In the 1994-95 budget, net interest costs were $175m - another broken promise. Does the Treasurer intend to break the promise again in 1995-96, or will he finally get it right for one year?

ANSWER

Mr Speaker, the Leader of the Opposition does not have a clue about what he is talking about.

Mr Ede: What? I am talking about your promises - what you promised!

Mr COULTER: We said that we would cap net interest payments at the 1992-93 level. We said that the figure would be $220m. It has never exceeded that amount since then and it will not be exceeding that amount in this budget.

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Last updated: 09 Aug 2016