Mr HOCKEY (North Sydney—The Treasurer) (14:30): That was not really a question about the policy. That was just a political assertion. I would say to the member for McMahon, if he wants to debate the issue, let us debate the issue. Let us debate the fact that Labor left us with $667 billion of debt— The SPEAKER: The member for Charlton will desist. Mr HOCKEY: and $123 billion of deficits. Something needs to be done about it. Let us debate the fact that they left us with rising unemployment and falling terms of trade, and we need to deal with those things. Let us also have a debate about the fact that Labor left locked-in increases in expenditure over the medium term of 3.7 per cent per year above inflation with an economy that is growing at less than three per cent. Let us have a debate about these things, because they go directly to the quality of life that we are creating for the Australian people. They are the issues that do matter. Labor has not yet said whether it supports the Medical Research Future Fund, because the only way the Medical Research Future Fund can be created is if there is a co-contribution when people go to visit the doctor. That is because every dollar of savings over the next six years in the health portfolio is going into the Medical Research Future Fund. It is the biggest medical research fund of its kind in the world. Why we doing this? We are doing this because only through— Opposition members interjecting— The SPEAKER: There is too much noise. Mr HOCKEY: cure and discovery are we going to ensure that the health system Australians want and deserve over the next 50 years is going to be delivered. That is, finding a cure for cancer, finding a cure for dementia and finding a cure for Alzheimer's, and the Labor Party does not support that. Opposition members interjecting— The SPEAKER: The member for Rankin is warned. Mr HOCKEY: No, they do not. The member for Chifley says that they do not support the medical research that is going to find a cure for cancer, dementia or Alzheimer's. Why? That is because the Labor Party has never, ever paid it forward. They have never invested for the future. They have never understood that if you really want to build something that is going to improve the quality of life of everyday Australians— The SPEAKER: The member for Rankin will remove himself from the House under the provisions of standing order 94(a). The member for Rankin then left the chamber. Mr HOCKEY: you have the start investing now. It is all about the politics. The entire contribution of the political opposition in response to the budget has been about politics—not about economics and not about building a stronger future. All they have to say is the political line. That has been their line for six years. Australians have had enough of it.