Bert Van Manen (Forde, Liberal Party) Share this | Hansard source

As the previous speakers have touched on, once again we see the government succeeding in adding to the uncertainty in the business community rather than adding to certainty. As I touched on in my earlier speech, one of the key things that has allowed us to grow our economy well over the past 20 or 25 years is some certainty and understanding about the direction of tax policy. Again we see a schedule or bill put up to double the tax rate on managed investment trusts and all of a sudden have it pulled. As numerous speakers have asked, where is the explanation from the Assistant Treasurer? Why can the government not explain the rationale?

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