Mr SWAN (Lilley—Deputy Prime Minister and Treasurer) (14:35): There are a couple of points that I could make about this. They were made in the House last year. My first point is this— Opposition members interjecting— The SPEAKER: Order! If individuals wish to hear the answer, perhaps they will show some courtesy by observing the standing orders and listening in silence. Mr SWAN: The point I made last year, when we had this debt-fear campaign being run by those opposite, is that the debt that we have in this country is one-tenth of that of other major developed economies. The responsible thing to do in the circumstances in which we have found ourselves, during the five-year period in which we have had the most turbulence we have ever seen in the global economy since the Great Depression, is to run a responsible fiscal policy—a responsible fiscal policy which supports jobs and growth and which puts it in the framework of a medium-term fiscal strategy that is a commitment on surpluses on average and across the cycle—and that commitment remains.