House debates

Wednesday, 21 March 2012

Questions without Notice

Mining

2:46 pm

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

Mr Speaker, I heard the shadow Treasurer make this statement on television this morning. I am not sure how he can do the work of the tax commissioner or indeed of the Treasury. What I can say is that we have put in place the MRRT. We have worked closely with the industry. In particular, through the Argus process we worked our way through the design of the tax, and we are absolutely satisfied that the revenue streams that we have forecast will be delivered. I do not know on what basis the shadow Treasurer makes that claim; I do not know on what basis he makes it at all.

Mr Simpkins interjecting

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