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

It is not the government's policy. As you know, a policy for the GST that affects the base requires the agreement of all states and territories. The Parliamentary Budget Office has costed a similar proposal. It's about $7½ billion over four years. Either that $7½ billion would not then go to the states or the Commonwealth would have to pay that additional money to the states. So that answers the member's question on the issue of tax.

Let me also say on the issue of tax that, today, the Labor Party voted to keep the big banks in the enterprise tax plan. We offered to take the banks out of the enterprise tax plan, and they voted to keep them in.

Opposition members interjecting—

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