will works, harvey norman -- woolworth's, harvey norman, a few of these other small to medium-sized stocksmacro maurice -- worries at the moment. australia is expected to see deficit for the next four years so is this budget enough to help growth? joining us is australia shadow treasurer, chris bowen. saw a really huge spike in equity markets, especially after this double dose. do you think, in your opinion, that this will work? they are two separate issues of course. our reserve bank cut interest rates yesterday. that isn't something which many commentators would see as of some concern. the bank is concerned about the level of economic activity. of course our reserve bank hardly works independently. bank doingreserve its job. in relation to the budget, this is an election budget. we expect the election to be the opposition to be competitive in terms of winning the election. we will be going to the election with alternative policies. some of the policies announced last night we will support but we will be making a different presentation. priority for us is defending our aaa credit rating.