Senator JOHNSTON (Western Australia—Minister for Defence) (14:19): In the context of the financial mess that was bequeathed to us by the most incompetent financial managers this country has ever seen, I have got to say, what the Abbot government does with finance today is almost a modern miracle, given where we have come from. Below base trajectory to $666 billion worth of debt— Senator Conroy: Paid cuts! Senator JOHNSTON: This minister alone has wasted $30 billion. He is a gold-medal prospect in financial Olympic mismanagement. There he has the audacity to jump up and ask me a question about the way we run and try to repair Defence budgets—when they savaged it, attacked it, ripped it off and treated Defence with utter contempt.