House debates

Thursday, 10 May 2018

Questions without Notice

Taxation

2:02 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

Mr Speaker, you're absolutely right: I'm coming straight to the substance of the question, and the substance of the question is tax. The substance of the question is the $200 billion—more than $200 billion—of tax the Leader of the Opposition is proposing to impose on the Australian economy.

The reality is, when it comes to company tax, the Leader of the Opposition himself stood right here, during the Labor government, and said reducing company tax increases investment, improves productivity, increases employment and results in better wages. He said all of that, and he said it again and again and again. And you know what? He was right. The reality is, however, that you cannot trust the Leader of the Opposition, whether he's giving a rolled-gold guarantee or just a sort of a silver-plated guarantee. None of his undertakings can be trusted, whether they are to the workers at Cleanevent, to Kevin Rudd or Julia Gillard.

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