The concern is the Government is not coming clean and informing the Australian public of the assumptions that they have made to give rise to a $10.4 billion package.

When the Australian Government looked at how to meet the challenges, and the opportunities, presented by our ageing population, it saw that an all-encompassing approach was a prerequisite.

The Gillard government must give up its addiction to wasteful spending borrowing and taxing.

The Australian economy is resilient, but business and consumer confidence is fragile.

I call on the Australian Government to set out the conditions upon which they will provide a taxpayer funded backing for wholesale term funding for Australian deposit taking institutions. I call on the Government it make clear the conditions upon which taxpayer funds will be used in this way.

Advances in science and medical research and public health policies have meant that life expectancy for Australians is one of the highest in the world.