Malcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Link to this | Hansard source

My question is to the Treasurer. I refer the Treasurer to his confirmation that, despite the Henry tax review being underway, cabinet this year considered increasing income tax. Will the Treasurer reveal to the House what other secret tax increases or new taxes cabinet has under consideration ahead of the completion of the Henry tax review?

Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Link to this | Hansard source

The fear campaign from the opposition on tax follows their fear campaign on the bank guarantee and their fear campaign on the stimulus package and responsible borrowing. Of course, we have only had one question all week from the Leader of the Opposition and the shadow Treasurer.

Christopher Pyne (Sturt, Liberal Party, Shadow Minister for Education, Apprenticeships and Training) Share this | Link to this | Hansard source

Why don’t you rule it out?

Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Link to this | Hansard source

It has been the same question all week, and I have given the same answer because the government will not pre-empt the Henry review. It is an independent review and I am not getting into the daily habit of ruling things in or out.