Mr MORRISON (Cook—Prime Minister and Minister for the Public Service) (14:08): A strong budget can never be taken for granted and the economy that supports that strong budget can never be taken for granted. It's a critical asset at the time of economic uncertainty that we see around the world today. You need the strong anchor of a strong budget not only to deal with the challenges of today but also to ensure that we have resilience for the challenges that will undoubtedly come in the years ahead as a result of the global economic outlook that we see. As I remarked in response to an earlier question, the IMF revisions overnight just demonstrate that global uncertainty. They highlight again the need for policies that bring stability and certainty in our financial and economic management. Now is the time for our economic and financial management, which is about having cool and clear heads. It's not a time for Labor's policies, panic and crisis. When it comes to managing our fiscal environment in these times, we know what the consequences would be of Labor's policies. Recklessness, chaos, panic and crisis— Mr Brian Mitchell interjecting— The SPEAKER: The member for Lyons is warned. Mr MORRISON: Our government was re-elected on the basis of being clear-headed, being calm and being stable, and for introducing certain policies that support growth in our economy. Our policies understand these are very important challenges that we're facing globally, and are backed by the strong fiscal discipline which means we can invest in the policies that build that resilience—the tax cuts that we have delivered, the investments in infrastructure. Not only that, but we are bringing the budget back into balance this very year while at the same time delivering record spending on hospitals, on schools, on moving forward with disabilities and on addressing the challenges in aged care and mental health. That strong economic support that comes from a budget that enables us to face today's challenges is also needed there for the future. I know that those opposite would engage again in Labor panic-spending to throw away the last six years, if they'd had the opportunity after the last election, and plunge the nation back and remove the certainty that comes with the discipline that a coalition government always brings. Our policy is to maintain the discipline, to keep our heads and to be cool and calm in the face of the uncertainty that is now presented to Australians in their own budgets, in the budget of the nation and in their own jobs. They can rely on us to keep our heads and remain calm and stable. Labor's policies are policies of panic and chaos.