Mr CIOBO (Moncrieff—Parliamentary Secretary to the Treasurer) (15:37): It is quite extraordinary. They are a special breed, the Australian Labor Party. They truly are a special breed. To start with, we had the Leader of the Opposition come into the chamber and make comments about how only the Australian Labor Party could be trusted. Mr Perrett interjecting— Mr CIOBO: I hear the member for Moreton making an inane interjection about the fact that I am losing my voice. Is it really beyond your intellectual capability? Come on, Member for Moreton, make a better contribution—although, unfortunately, it fits the standard that we usually see from the Australian Labor Party. Let us talk about what we heard from the Leader of the Opposition. What we heard from the Leader of the Opposition was how only Labor can be trusted. The Leader of the Opposition said he is the man who needs to be trusted. Ordinarily, at face value, that would seem like a reasonable proposition. You would expect the Leader of the Opposition to back himself. But today, of all days, is not a day for the Leader of the Opposition to stand up and talk about trust—not after Paul Kelly has published his new book, Triumph and Demise. What does the very distinguished author Paul Kelly say about the Leader of the Opposition? I quote from page 465 of his book. He says: 'The distrust between Rudd and Shorten was intense and injuring. The Gillard camp was contemptuous of Shorten, considering him weak and duplicitous. Neither side trusted him and neither side revised its view.' We also know that the former member for Rankin had views about the Leader of the Opposition. Mr Emerson is quoted in the book as saying: 'He was telling both camps what they wanted to hear. It did not come as a surprise to anyone when he declared for Rudd at the end.' Well, there's a revelation: the Leader of the Opposition talks out of both sides of his mouth! But he sets the bar for the entirety of the Australian Labor Party. Here we have the shadow Treasurer, and he stands up and says, 'We in the Australian Labor Party are deeply concerned about equity. We in the Australian Labor Party really care about the future. Just look at our stunning track record on the environment. We do not want Australian children to inherit an environment that is worse than what we received.' Perversely, this is the Australian Labor Party. Ms Macklin: What about the budget? Mr CIOBO: Let us talk about the budget, Member for Jagajaga. Perversely, the Australian Labor Party entirely miss the point. Their lectures and their moral superiority about caring for the environment and making sure that we hand over to our children a better environment in the future entirely miss the point that the legacy of the Australian Labor Party is to hand to the next generation of Australians decades of debt. That is the legacy of this shadow Treasurer; that is the legacy of the Australian Labor Party. The Australian Labor Party's track record is to write $25,000 of debt for every man, woman and child in Australia. That is Labor's legacy. So it is no surprise that we members of the coalition do not take them very seriously. Their lectures about equity, their lectures about fairness, their longwinded soliloquies about how only the Australian Labor Party can be trusted to safeguard the future. The fact is that Labor's track record is one great big 'F', and that is an 'F' for 'fail', because we know that the Australian Labor Party is a complete, abysmal failure. When it comes to economic management, we know Labor's track record: $667 billion of debt. When it comes to deficits, we know Labor's track record: $123 billion worth of budget deficits. When it comes to providing a budget surplus—incidentally, that word 'surplus' is missing from the member for Lilley's index in his book!—on over 500 occasions they promised a surplus, only to fail to deliver it. I have to conclude on one positive note. There was a Labor frontbencher who tried really hard to set a new record. That is the shadow Treasurer. We all know the shadow Treasurer's record when it came to border protection: over 750 boats and over 50,000 people blowing out the budget by more than $11 billion. That is the reason why the Australian people will never trust the Australian Labor Party. (Time expired)