Mr ROBB (Goldstein) (14:35): My question is to the Treasurer. I refer the Treasurer to the fact that Germany, Switzerland, Norway, Korea and Chile are all reporting budget surpluses. Why have they been able to achieve budget surpluses when they face the same international economic environment as Australia, while this government has failed, despite enjoying the highest terms of trade in 150 years and inheriting from the Howard government no debt, money in the bank and a budget surplus? (Time expired)