David Coleman (Banks, Liberal Party) Share this | Hansard source

Not very close, Member for Deakin. They were just out by 98 per cent.

Government members interjecting—

No, come on; let us be reasonable. It was only 98 per cent. They are working through their calculations and hopefully they will do better in the future. But the funny thing is there are still some forecasts out there in relation to what the mining tax would have done—they are more sensible forecasts now because they are not by Labor—and they say that the mining tax would generate about $660 million over the forward estimates. But what Labor had, and still clings to, was a desire to spend $17 billion against $660 million of revenue.

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