The Treasurer, Peter Costello, has delivered his 10th, and possibly last, Federal Budget. The budget contains major reforms to social welfare, as well as personal and business tax cuts.
- Listen to Costello’s 2005 Budget Speech (34m)
This is the prepared transcript of the Treasurer’s Budget Speech, delivered on the Second Reading of the Appropriation Bill (No. 1) 2005-06.
Mr Speaker, I move that the Bill now be read a second time.