House debates
Wednesday, 16 August 2006
Tax Laws Amendment (Repeal of Inoperative Provisions) Bill 2006
Second Reading
11:32 am
Steven Ciobo (Moncrieff, Liberal Party) Share this | Hansard source
It was interesting to hear the member for Hunter attempt, as he did, to fill half an hour in responding to the government’s positive steps to slash some 4,100 pages of tax laws, including 2,600 pages specifically from the income tax law. Almost one-third of the income tax law and over half of the Income Tax Assessment Act 1936 are being repealed in the Tax Laws Amendment (Repeal of Inoperative Provisions) Bill 2006. So the bill, at its very core, is good news.
I have been in parliament for a relatively short period of time—about five or six years—but I think it would be very rare to have the opportunity to come into this chamber and debate a bill that proposes to remove one-third or some 4,100 pages of the tax act. I am pleased to associate myself with this bill and to support it in the chamber because it is a positive move forward.
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