House debates

Wednesday, 13 February 2013

Questions without Notice

Minerals Resource Rent Tax

2:21 pm

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

We are funding and have in our budget bottom line all of the projects that we have made our commitments to. I know there is a lot of embarrassment on that side of the House. There is acute embarrassment on that side of the House. Up the back, we have a member from Perth who has attended the opening of a project that we are building in Perth—a project that he supports, a project that is figured into our budget bottom line and has been funded—and he is up saying he does not want it. If he does not want it, he should not have gone to the opening.

What we are seeing here is a taste of what is going to come. Those on the other side of the House might laugh like hyenas now, but the fact is that, when they are forced to put their costings out and when they are forced to account for at least a $70 billion crater in their budget bottom line, there are not going to be many smiles on the faces of those opposite, because we have already seen the leading edge of what they are going to do. They are going to get rid of the schoolkids bonus—gone. They are going to get rid of payments for superannuation and low-income workers—gone. They are going to get rid of the instant asset write-off—gone.

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