Senator WONG (South Australia—Minister for Finance and Deregulation) (14:41): I actually answered that question yesterday, Senator. I am happy to answer it again. Perhaps I was not as interesting as the good senator would like. The government's net debt position does peak at 7.2 per cent of GDP, $106.6 billion. I have answered that, and it is in the budget papers. I think the annual net interest payment the senator is referring to is in fact at the end of the forward estimates period, as opposed to the peak net debt year, but— Opposition senators interjecting— The PRESIDENT: Interjections are disorderly. The minister is answering the question. Interjections are disorderly. Senator WONG: I would also just remind the good senator that, as I outlined in some detail yesterday, Australia's debt position remains one of the best in the world: less than a tenth of the average net debt of other major advanced economies. Our net debt position peaks at 7.2 per cent of GDP; that of major advanced economies is in the order of 90 per cent of GDP—90 per cent versus 7.2 per cent. That is the position that this government has overseen in the face of the global financial crisis. It might be helpful to the senator to consider what some of those in the markets have said about this issue. We know, for example, that Moody's has said that the Australian government debt remains amongst the lowest of all AAA-rated governments. CBA comments on the fact that 'the budget is dominated by savings measures'. The budget meets— Senator Cormann: Why is that? Because Howard and Costello did such a good job. Did you read Alan Kohler's comment? 'Any chief financial officer would be embarrassed by this budget,' is what he said. Senator WONG: That is from CBA. I know that you do not want to hear this, Senator Cormann; you do not want to hear what the markets are saying, do you? (Time expired) The PRESIDENT: Senator Cormann, constant interjection is disorderly; I just remind you of that.