House debates

Thursday, 21 June 2018

Matters of Public Importance

Income Tax

3:46 pm

Photo of Tim WilsonTim Wilson (Goldstein, Liberal Party) Share this | Hansard source

I think I need to restate that for the members of the opposition. If you're thinking about the aspiration, the opportunities, for middle Australia to be able to realise their dreams—their opportunity and the opportunity of this great nation—nothing could be greater than passing the biggest tax cuts in Australian history. Everybody on this side of the parliament voted for it. And everybody on that side of the parliament voted against it. And they will be judged harshly come the next election.

When I think about the aspiration and opportunity that I seek to represent, as everyone else does on this side of the chamber, I think of the good people of Goldstein: hardworking, aspirational, putting the hard work and effort into it to better their lot—theirs, their family's and their community's, and as a foundational pillar of improving this great nation.

I think about the professionals who wake up every morning and get themselves ready. They get on, say, at Hampton Railway Station and catch a train into town to work for a company or a business of others to be able to provide for their family. I think of the small-business people who live in Bentleigh who have brought together a business on Centre Road and who are doing their best to try and create an opportunity for themselves and for their family.

And I think, of course—like everybody does on this side of the House—about the self-funded retirees in, say, Caulfield South and what they have done. They haven't just worked hard their whole lives, although they have. They have sacrificed. They have saved; they have foregone holidays and other privileges and luxuries to be in a position where they do not take or draw down from the taxpayer.

Those are the people who seek aspiration and opportunity as part of the great middle class of this country. These are the people who benefit from the plan that has been implemented by the Turnbull coalition government. And one of the biggest challenges that they face, in seeking their aspirations and their opportunity, is not just the Labor Party and those sitting opposite but the threat of the policies that they would impose if they ever made it onto the Treasury benches. It's the threat of Labor's retiree tax, where they would directly tax all of those people who have made savings to be able to put themselves in the best position. It undermines the policies that this government has prosecuted, which have delivered more than a million new jobs for Australians. If you want to talk about the gap between those people who do not have opportunity and those who do, it strictly comes down to a very important point: whether people have the opportunity to secure employment. I know there are plenty of people on the other side who don't understand such a basic proposition—

Dr Aly interjecting

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