Senator SESELJA (Australian Capital Territory) (15:10): It is always wonderful to follow Senator Carr and to add my comments to this debate. Senator Conroy: We used to think you were the most right-wing senator. With the next speaker you are going to have to lift your game. Senator SESELJA: I look forward to the very honourable Senator Paterson coming after me and doing an outstanding job. Labor are going to find as they pursue these lines—be it on higher education, education, health or other policies—that they fundamentally have no credibility. If we want an example of why they have no credibility and why they cannot be trusted on money, we saw it yesterday with the unravelling of the fundamentals of their campaign, with the $19 billion hole in their costings. This is no ordinary hole in costings. We have seen holes in costings from the Labor Party before. This is no ordinary hole because this $19 billion hole is fundamental to their entire campaign, which is about $100 billion of new taxes, extra taxes, and tax increases so they can apparently spend money in health, education and various areas. Those are the fundamentals of their campaign and last night we saw that campaign blown out of the water. Margaret Thatcher famously said that the problem with socialism is that eventually you run out of other people's money. Never have we seen before an opposition leader who has run out of other people's money before coming into office. That is what we saw yesterday. The Labor Party has already run out of money. We knew it was pie in the sky. We had these claims. Senator Conroy: You have adopted $70 billion of our policies. Senator SESELJA: This is a really important point. Whilst I do enjoy Senator Conroy's interjections, I need to make this important point. I will do it so that Senator Conroy can listen. Senator Conroy: You have forgotten what you were going to say. Senator SESELJA: No. I really want you to listen to this point. We have seen in the debate in recent times the Labor Party making these extravagant claims about $80 billion. They say there is $80 billion in cuts. That was always a lie. It was a lie because they never had the money. The Labor Party never put the money in the budget. They did not have the money. The only way they could ever get the money was to borrow the money or to increase taxes. That has become apparent during this campaign as they have said they are going to have $100 billion in extra taxes. This $19 billion so-called rounding error, in the words of the Labor Party, this $19 billion hole, is so important now because it confirms every concern the Australian people have about the Labor Party. The fundamental concern that the Australian people have about the Labor Party is that they cannot be trusted with money. Even if you ask Labor Party supporters—even those who vote for the Labor Party because they want more spending and they are not that worried about fiscal responsibility—who they want to look after the budget, who they want to fix the budget, they will say in a heartbeat, 'The coalition.' If anyone wanted evidence or to be reminded—perhaps some Australian people were starting to give the Labor Party a chance—why the Labor Party should never come back on this side of the chamber it happened yesterday. The Australian people do not trust Labor with money. Why don't they trust them? Because Labor inherited no government debt—$70 billion in the bank—and they left us a legacy of hundreds of billions of dollars of debt. Now they say, 'If we come back in we are going to spend even more than we did last time'—$80 billion extra apparently on health and education. Well you do not have the money. The Australian people are not fools. Every time during this campaign—this is going to follow Bill Shorten like a bad smell during this campaign—Bill Shorten and his team promise something people will be saying, 'Where is the money coming from?' He will say, 'We have got our new taxes.' Well he does not. It has been shown to be a farce. It has been shown to be an absolute lie. This is what this campaign will be about. Labor cannot be trusted with your money. (Time expired)