Mr ABBOTT (Warringah—Prime Minister) (14:39): What this government has done is to identify exactly what we would do to bring Australia back into a sustainable fiscal position, and that is what the Leader of the Opposition has signally failed to do. The Leader of the Opposition has no credibility whatsoever when it comes to the economy. Let me quote from the Leader of the Opposition when he was a minister in the former government. Ms Owens interjecting— The SPEAKER: The member for Parramatta will desist. Mr ABBOTT: He said: 'The 2012 budget delivers on the government's commitment to return the budget to surplus.' The SPEAKER: The Prime Minister will resume his seat. Mr Burke: On a point of order, Madam Speaker, that of direct relevance. There is no way that this is directly relevant to what he was asked. The SPEAKER: There is no point of order. The members for Adelaide and Chifley will desist. Mr ABBOTT: Madam Speaker, I am explaining to members opposite how this government is fixing the problem that they created. The difficulty is that members opposite are in denial about the problem—just as they are in denial about the surplus. The SPEAKER: The Prime Minister will resume his seat. We have already had a point of order on direct relevance. Mr Burke: The Prime Minister has just said what he wants to do in this answer. He should do it— The SPEAKER: Resume your seat! That is an abuse of the standing orders, and the member for Watson knows it. I would not advise him to do it again. Mr ABBOTT: Madam Speaker, I can understand why members opposite are sensitive on this point, because they know a surplus is important and they know a surplus is important because they constantly talked about delivering it. But they never actually did. Again I quote from the Leader of the Opposition, when he was a minister in the former government— Ms O'Neil interjecting— The SPEAKER: The member for Hotham! Mr ABBOTT: He said: 'We are bringing the budget into surplus.'—that is what he declared in this House— 'It is a remarkable accomplishment.' Let me repeat that, Madam Speaker. He said: 'We are bringing the budget into surplus. It is a remarkable accomplishment.' It was an accomplishment that they never actually achieved! That is the problem, and they have suddenly gone remarkably quiet, because they know— The SPEAKER: The member for Lalor is not in her seat. Mr ABBOTT: that you need a budget surplus for a strong economy. Not only did they not deliver it in their six years of government, and not only did they give us six record budget deficits in a row, but now that a government has been elected that is determined to fix this problem that they created, they are sabotaging it. Ms Kate Ellis interjecting— The SPEAKER: The member for Adelaide. Mr ABBOTT: They are the worst lot of wreckers and vandals in Australia's history. We were elected to fix the problems that Labor created, and fix them we will.