“We have improved the budget position over the last four years by around $230 billion… gross debt in 2025-26 was $197.6 billion… saving around $70 billion in interest costs.”

Australian Parliament: House of Representatives · Question Time | 15th October 2026

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What was described

claimed to have improved the budget position by $230 billion over four years

$230 billion improvement, gross debt $197.6 billion in 2025-26, $70 billion interest-cost savings to 2031-32

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