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

There is our strong policy of lower taxes. We are cutting red tape for business, as we've sought to do—particularly with the EPBC Act, which has been stymied by those opposite. We remain committed to that. They are adding cost to every major investment in this country, and we are not doing that. We've been seeking to cut red tape for business, which can actually drive greater investment in this country. We have invested in the skills. We have invested in the infrastructure.

We have a clear, balanced plan to ensure that we can deliver reliable, affordable energy, which has seen electricity prices fall by eight per cent over the last two years and five per cent in the last year. That compares to a 101 per cent increase under the Labor Party when they were last in office, which shows that our policies are delivering the reliable, affordable energy that is necessary for businesses to be able to create jobs and get their costs down so they can actually support the labour force and the wages of workers with those higher skills.

The data and digital economy plan will see Australia be a top 10 data and digital economy by 2030. That was backed up by a billion-dollar investment by Google to put in place a research hub in Sydney, one of only five such cities in the world, backing our plan. (Time expired)

See this speech in context