QUESTIONS WITHOUT NOTICE

Mr TED O'BRIEN (Fairfax—Deputy Leader of the Opposition) (14:38): My question goes to the Prime Minister. I refer to the Treasurer's claim in his previous answer that he has a fiscal rule to control spending, which is to bank most of the upward revision in revenue. However, according to his own pre-election budget, the upward revision in revenue was $8 billion.

He plans to blow the lot—plus another $26 billion. Will the Prime Minister insist that his treasurer introduce quantifiable fiscal rules to stop his spending spree?