House debates

Tuesday, 20 March 2012

Questions without Notice

Mining

2:22 pm

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

This historic reform will benefit 14,200 small businesses in Capricornia. It will boost the superannuation accounts of 48,800 workers in Capricornia and there will be a significant upgrade to the intersection of the Bruce Highway and Capricorn Highway through this revenue stream. There will be a significant injection of funds into the Peak Downs Highway and it will support the Mackay Ring Road Study. What we see here in Capricornia is what we ought to be doing with the superprofits of very profitable mining companies: investing in the future, supporting employment, supporting small business, supporting the savings for the retirement of our workforce. We can do all of these things through this great historic Labor reform and we are doing them in Capricornia.

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