Scott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

I thank the member for Chisholm for her question. She is right that under the Labor Party Australians will pay more: they will pay more in higher taxes; they will pay more in higher private health insurance premiums; they will pay more in higher electricity bills; they will pay more in higher rental costs for their housing; and they will pay more as retirees, with Labor's cruel retiree tax. And Tony is no different to Alan in the electorate of Canning. He will be paying $10,000 more in the refunds, the tax refunds, he will lose as a result of what the Labor Party proposes to do. It's like others in all of the electorates on both sides of the House: people whose only crime, according to the Labor Party, is that they have gone out there and bought shares and those shares are providing them with income to pay the electricity bill, to pay their medical bill—thousands of dollars that they rely on because they went and bought shares. The Labor Party says that this is a loophole.

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