Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

If anything could more clearly indicate the wonky moral compass of the contemporary Labor Party it is denying a pension increase to people with modest assets so that millionaires can keep a part pension. That is what they are doing; they are denying an increase in the pension of $30 a fortnight to people with modest assets so that millionaires can keep a part pension. That is what they are doing.

What has happened to the once-great Labor Party that they have found themselves in this terrible position where even the Greens are more economically responsible than they are? That is the position that the Labor Party finds itself in now. They would rather leave millionaires with a part pension than do the right thing by people with modest assets. This is the extraordinary position that the contemporary Labor Party finds itself in. What it all means is that the Labor Party has lost its way. The Labor Party has lost its way, because this man is no leader.

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