House debates

Wednesday, 16 October 2019

Questions without Notice

Economy

2:41 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source

I'm happy to talk about the plan that was endorsed by the Australian people and that was set out in the budget. It was for lower taxes, allowing Australians to keep more of what they earn. It's a plan that was opposed by the Labor Party at the last election—violently opposed by the Labor Party—who instead wanted to put forward $387 billion in higher taxes to impose on the Australian economy at the worst possible time. The global circumstances that Australia faces today were no mystery to the Australian government and to the Liberal and National parties, but they were obviously a complete mystery to the Labor Party, because they thought the best thing to do would be to apply $387 billion in higher taxes.

There are the investments in infrastructure, the investments in schools, the expanding of our trade capabilities and the reduction in business regulation, and making it easier to reduce regulation on how people can be employed. When do we have to wait to hear what Labor's policies are? As I was referring to in response to a previous question, the Leader of the Opposition has said that we will know about Labor's policies before the next election. So that's sometime between the end of 2021 and March 2022.

Opposition members interjecting

Ms Kearney interjecting

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