Senator O'SULLIVAN (Queensland) (15:59): Once more, this is like being at the smorgasbord of the Brekkie Creek Hotel. I just do not know where to start. I do not know whether to start down the pudding end or the entree end, or go straight in for one of those huge steaks that we famously produce in my home state. Five minutes is a limited period of time in which to make a point, but let me try and pick up on as many points from the good senator's speech as I can. I often make allowances, when listening to contributions from Labor members, for their ignorance about the base economy of our nation, about basic economics. Somehow they think that the sun rises on the left-hand side of this building and sets on the right and that government itself is the driver of all things good in this nation. Well, let me tell you something: it is the businesses of this nation that keep us going. What Labor know well is that governments can borrow money—and they deadset know a thing or two about that, because there is a $300 billion legacy to underpin the fact that that is what they know to do. They do not know how to spend it efficiently. They pump it into people's roofs, where there is no productivity dividend whatsoever, and into school halls, which gives this little sugar hit in the community and then has no long-term effect. They know how to spend it. Senator Brandis made the point earlier today that they had no cap on the percentage of GDP of taxation. They had no cap on that, so they have no regard for that. We have brought in a fiscal discipline here in relation to the percentage of GDP, with respect to the responsible spending of this government. Senator Gallagher—through you, Deputy President—you stand and talk about the welfare of women and students. I can tell you what they need most, within their households or for themselves: they need a job. For them to have a job— Senator Gallagher: There are no jobs planned! Senator O'SULLIVAN: No, no. The Labor way, of course, is to get the government to give them a job. We have a Labor government in Queensland that has replaced nearly 14,000 jobs that had been shed, properly, to fix the economy in my home state. They have now been reinstated. They are on steroids. But it is the private sector that provides the jobs. It is the private sector that provides all the welfare that is needed for a family and their community to be able to take a position, create an income and make a contribution to the tax base. For them to do that, from time to time the government of the day have to get out of their way. You talk about this as a tax cut. This is not a tax cut. This money that you talk about is a reduction by our government of the percentage that will be taken as taxation. It is money that belongs to these people in the first instance. We are just a government that is taking less of it. This is not a tax cut. This is a reduction in the tax position. It is not a cut. The money that remains with them, as you know full well, is reinvested in those businesses. This is where the employment will come for these students—whom I have funded. If you take my contribution to the tax base and apply it all to supporting students at universities, I have put thousands of them through university. I have put thousands of them through university for no benefit for myself, and now we find that 25 per cent of them are not even prepared to pay it back. We have made a moderate adjustment: $8 a week for someone who is now employed and earning $42,000 a year. I have been waiting for today to watch your attacks. I wanted to see whether there would be any depth and energy in the reaction from the Australian Labor Party, in particular, to the budget yesterday. There is none. Your performance today in question time and in the speaking opportunities you have had has been flat. The reason it has been flat is that there are no fractures in this budget. It is a terrific budget. The people of Australia have received it splendidly, and it leaves you with nowhere to go as you try to respond to the most fiscally responsible budget in your living memory. (Time expired)