Craig Emerson (Rankin, Australian Labor Party, Minister for Trade and Competitiveness) Share this | Hansard source

When it rains it pours!—1,099 days with no questions and then a deluge of questions: two in two days. To the leader of the government in the House I express my sorrow that the member for Wide Bay did not direct a question to the leader of the government in the House but I am very glad to receive this question.

The MRRT is a tax that is designed to collect for the community a fair share of the profits when profits are high, very much like the petroleum resource rent tax, which the coalition condemned, which it criticised and which it kept. It kept at least $18 billion of revenue. In respect of the MRRT and its design, what I have said is what the Prime Minister has said and what the Treasurer has said—

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