Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

The New South Wales government has not specified fully the nature of their royalty regime. They have not done that as yet. For example, they said that it would not be paid by those who are paying the MRRT. That was one of the qualifications they put on it. We have not seen the detail from New South Wales about their inefficient royalty regime. It is a bit rich coming from the shadow Treasurer who has a $70 billion crater in his budget bottom line. He is asking me where $3 billion from New South Wales is coming from, when they have not said so themselves.

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