Andrew Leigh (Fenner, Australian Labor Party, Shadow Assistant Minister for Treasury) Share this | Hansard source

I'll take that interjection from the minister. The minister needs to turn the Hansard and refresh himself with the fact that Labor never voted against the coalition's multinational antiavoidance laws. It is simply a lie put about by the Liberal Party to try to distract from the fact that they, indeed, did vote against Labor's loophole closing. They wrongly claimed that our loophole closing was retrospective. We said that their laws were inadequate, but we would vote for them all the same because modest measures were better than nothing.

We saw the Treasurer, when he had his former resources portfolio, make speeches to large mining conferences in which he proudly said to the multinational firms there that he was opposed to closing multinational tax loopholes, that he would fight to keep those loopholes open. So when they're with their well-connected insiders they're always happy to fight for loopholes. When they're advertising to the Australian people they pretend they're serious about tax havens. They simply are not.

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