Ms HENDERSON (Corangamite) (15:59): I rise today to speak about the budgetary success of our government. Before I talk about that, I want to speak about Wendy in the member for Kingsford-Smith's electorate. Isn't Wendy lucky that she was not confronting the sorts of cuts that Labor made—$23 billion in family tax benefit A and B over six years! This is an example of the unprincipled action that we are seeing from the Labor Party. What an absolute joke. Poor Wendy! We are investing record amounts in health and education and, if you consider our childcare reforms, we are standing up for those who earn the least, providing people who earn $65,000 or less with an 85 per cent subsidy. I say to Wendy, 'You are very fortunate that you are not living under a Labor federal government.' They trashed our economy, they trashed our budget, they drove up the debt and the deficit and now they are not working in the national interest with the government— Mr Husic: Like you did when you were in opposition? The DEPUTY SPEAKER ( Mr Coulton ): The member for Chifley! Ms HENDERSON: to maintain our AAA rating. The Labor Party do not care about the budget. They do not care about this economy. They do not care about a AAA rating. All they do— Mr Irons interjecting— Ms HENDERSON: As the member for Swan has said, they do whatever it takes. The biggest challenge that we confront as a government in running the economy is members opposite. We heard the member for Rankin talk about 'slaying them' in reference to the member for Deakin's contribution. Talking about slaying them, he was the architect of four surpluses that were never delivered! Four surpluses promised by the member for Lilley when he was the Treasurer were never delivered. It was an absolute shocker, and the Labor Party went to the last election promising $16 billion more in deficit than our government. Mr Howarth: Economic geniuses! Ms HENDERSON: As the member for Petrie has said, they are economic geniuses! Our national economic plan is underpinned by a determination to grow jobs and to build a stronger economy. And what have we done? We have introduced multinational tax avoidance and diverted profits tax bills. I refer to the member for Fenner. Even if I accept the member for Fenner's proposition, the fact of the matter is that this is an example of where the Labor Party have been disgraceful in their hypocrisy. Mr Husic: Another example? Ms HENDERSON: There are plenty more to come. The hypocrisy goes as far as the eye can see. The fact is the Labor Party opposed our efforts to combat multinational tax avoidance, which, in this year alone, are going to deliver a $2 billion saving, as forecast by the ATO. The Labor Party has stood in the way of delivering $2 billion in savings. Even the Greens were more economically responsible than Labor! The Labor Party does not have the guts or the courage to support us on the policies that it knows will deliver savings. Mr Thistlethwaite interjecting— The DEPUTY SPEAKER: The member for Kingsford-Smith is out of his place. If he wants to speak on the next bill, he will be silent. Ms HENDERSON: We stand up for this economy. The Labor Party has a responsibility to act responsibly in the national interest. At every single turn, the Labor Party is wrecking this economy and our government's efforts to rein in the budget and to run the economy responsibly. Consider also our efforts to cut corporate tax rates. In the UK it is 20 per cent, in Canada it is 26.5 per cent, in the US it is now going down to 15 per cent. The Labor Party previously supported corporate tax cuts. It said it was a Labor thing. The only thing that is a Labor thing is hypocrisy. The only thing that is a Labor thing is a focus— Mr Keogh interjecting— Ms Henderson: I will take the interjection. Why am I so angry? I am angry. We are all angry. Do you know what? The Labor Party is so reckless that it opposes $5 billion of its own savings. We are trying to run this government and this economy responsibly. Do you know why we are angry? We are dealing with the worst opposition ever. Bob Hawke and Paul Keating would be ashamed of the pathetic standards that we see from this Labor Party. We are focused on jobs and a strong economy, and Labor should start operating in the national interest. Mr Husic: You should have been here in 2010! The DEPUTY SPEAKER: The member for Chifley can leave under 94(a). He has had at least four warnings. He was already under warning from question time. The member for Chifley then left the chamber.