Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer to the Treasurer’s remarks on radio 2GB today:

The surplus in this budget is not dependent upon the resource super profits tax.

Of the $12 billion of mining tax revenue the Treasurer claims to collect in the budget forward estimates, only $9.8 billion is allocated for specific spending. Isn’t it the case that the Treasurer’s supposed surpluses do rely on at least $3.2 billion of unallocated mining tax revenue? If not, where is the money going?

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