House debates

Thursday, 15 May 2008

Questions without Notice

Budget

2:49 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is addressed to the Prime Minister. I refer to his previous answer where he said that the additional tax on alcopops will reduce their consumption. Could the Prime Minister explain, then, why page 22 of Budget Paper No. 2 shows that the new tax will raise $640 million in the first year—next year—and $892 million in 2011-12? Surely the Prime Minister must concede that these revenue estimates assume an increase in consumption.

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