House debates Questions without Notice

Taxation

Tuesday, 25 May 2010 House of Representatives

Joe Hockey

Joe Hockey North Sydney, Liberal Party, Shadow Treasurer

2:26 pm

My question is to the Prime Minister. I refer the Prime Minister to the paper he has referred to from Treasury officials which states, ‘The electricity, gas and water industry contributed a mere 0.2 per cent of corporate tax collections in 2004-05,’ which is obviously far less than the mining industry. Prime Minister, given the below average tax rates of the electricity, gas and water industry, according to the paper you referred to, is this sector next in line for a great big new tax?

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