Dan Tehan (Wannon, Liberal Party) Share this | Hansard source

No, I do not think even The Kook could ignore that. Let's have a look at what ACCI has had to say:

Business is once again asked to bear the brunt of fiscal ill-discipline. A $200 million increased tax burden next year will add to business costs and erode Australia's productive capacity. These are measures that collectively make the country less competitive.

Yet are those on the other side of the House taking any notice? No, they are not. Let's look at the examples. Let's look at the mining tax. The government, and the Treasurer in particular, had five goes at the mining tax. And what was the result?—a complete disaster. And how did the Treasurer explain this? I think it is worth reminding the House. Remember that he had five goes at trying to get this tax right. He said:

We brought a super profits tax in at precisely the time the super profits disappeared.

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