Chris Bowen (Prospect, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

Cutting the withholding tax rate is an integral part of our strategy to promote Australia as a financial services hub. The shadow Treasurer completely lacks understanding. Perhaps the shadow Treasurer may attempt to blame the Leader of the Opposition, like she has this morning on the other little mistake in the same speech, the other little mistake which saw her cut and paste from the Wall Street Journal into the Hansard of this parliament. The policy of the shadow Treasurer appears to be: if you tax them they will come. That is the investment policy of those opposite: if you tax them they will come. Yet again we dip our hand into Bishop’s bag of blunders and out comes another gem. It is just as well that the shadow Treasurer is not a baseball player, because she would have found out on day 1 that it is three strikes and you’re out.

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