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PM says budget will return to surplus

Prime Minister Julia Gillard says the federal budget will return to surplus in 2012/13.

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Source: AAP


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Prime Minister Julia Gillard says Labor will bring the federal budget back into surplus in 2012/13, unlike the opposition.

Opposition Leader Tony Abbott said today a coalition government would get the budget back to surplus "as quickly as possible".

But Ms Gillard is more certain 2012/13 will be a surplus year.

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Finance spokesman Andrew Robb said yesterday the coalition would have to consider the government's books when it got in to office before it would be in a position to say when the first surplus would be delivered.

Opposition treasury spokesman Joe Hockey later said the coalition could achieve a surplus in 2012/13, based on current information.


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