Prime Minister Tony Abbott says his government’s first Budget is “tough” but also “visionary”.
Delivering his weekly message, Abbott said the Budget “lays the foundation for a stronger economy..by reducing debt by almost $300 billion over the next decade”.
Abbott said “all Australians are contributing to the Budget repair”. He emphasised the Budget’s investment in roads and infrastructure and said these “nation building initiatives” are only possible if everyone works together to reduce “Labor’s debt”.