Tony Smith (Casey, Liberal Party, Deputy Chairman , Coalition Policy Development Committee) Share this | Hansard source

sometimes brazenly, as we have seen in the last week, and many times secretly. Whichever way, they are always thinking of a tax increase. So the government made its original announcement. Industry was not consulted about the change. The government did make an amendment or a change to that. Industry still believes that the outcome itself will severely disadvantage that sector. We are told the government will have gained revenue of $170 million over the forward estimates, but that includes, I am advised, a cost of $28 million for a change to its original announcement way back in 2008, on budget night. At this time, the Senate Economics Legislation Committee is examining schedule 2 of the bill, and the coalition will not take a final decision until that Senate committee has reported. But, as I said, we will not be opposing the bill in this House.

Debate interrupted.

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