Chris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Link to this | Hansard source

I seek leave of the House to move the following motion:

That the House:

(1) notes that in an extraordinary interview with David Speers on Sky News this morning:

(a) the Prime Minister said that Treasury “has not identified the dollar cost” of the centrepiece of his Budget, the 10-year tax cut for big business:

(i) but a moment later, the Prime Minister said Treasury had modelled the cost; and

(ii) yet later, the Prime Minister said the cost of his centrepiece 10-year tax cut for big business was outlined on page 3-11 of Budget Paper No. 1 despite the fact, that page does not mention companies or corporations or small businesses even once; and

(b) the Prime Minister said the $55 billion cost of his centrepiece 10-year tax cut for big business nominated by economist Chris Richardson “may well be right”;

(2) condemns the Prime Minister for delivering a Budget which is a fraud on the Australian people by having a centrepiece without a cost attached; and

(3) calls on the Prime Minister to attend the House to finally come clean about the 10-year cost for the 10-year tax cut for big business.

Leave not granted.

I move:

That so much of the standing orders be suspended as would prevent the member for McMahon from moving the following motion forthwith:

(1) notes that in an extraordinary interview with David Speers on Sky News this morning:

(a) the Prime Minister said that Treasury “has not identified the dollar cost” of the centrepiece of his Budget, the 10-year tax cut for big business:

(i) but a moment later, the Prime Minister said Treasury had modelled the cost; and

(ii) yet later, the Prime Minister said the cost of his centrepiece 10-year tax cut for big business was outlined on page 3-11 of Budget Paper No. 1 despite the fact, that page does not mention companies or corporations or small businesses even once; and

(b) the Prime Minister said the $55 billion cost of his centrepiece 10-year tax cut for big business nominated by economist Chris Richardson “may well be right”;

(2) condemns the Prime Minister for delivering a Budget which is a fraud on the Australian people by having a centrepiece without a cost attached; and

(3) calls on the Prime Minister to attend the House to finally come clean about the 10-year cost for the 10-year tax cut for big business.

It takes a particular level of incompetence to bring down a budget with a centrepiece uncosted—incompetence and a fraud by this Prime Minister.

Christopher Pyne (Sturt, Liberal Party, Leader of the House) Share this | Link to this | Hansard source

I move:

That the member be no longer heard.

Russell Broadbent (McMillan, Liberal Party) Share this | Link to this | Hansard source

The question is that the member be no longer heard.

Russell Broadbent (McMillan, Liberal Party) Share this | Link to this | Hansard source

Is the motion seconded?

Mr Tony Burke (Watson, Australian Labor Party, Shadow Minister for Finance) Share this | Link to this | Hansard source

I second the motion. Even Joe Hockey was more competent than this! The centrepiece of the budget—and they forgot to cost it! They will cost every one of their cuts, but when they are reducing company tax there is no need to cost that. A simple question was asked repeatedly by David Speers. In an interview that made the metadata interview look good, he asked the simple question: how much will this cost? The centrepiece of the budget—

Christopher Pyne (Sturt, Liberal Party, Leader of the House) Share this | Link to this | Hansard source

I move:

That the Member be no longer heard.

Russell Broadbent (McMillan, Liberal Party) Share this | Link to this | Hansard source

The motion is that the member be no longer heard.

Russell Broadbent (McMillan, Liberal Party) Share this | Link to this | Hansard source

The question now is that the motion moved by Mr Bowen be agreed to. I call the Leader of the House.

Opposition Members:

Opposition members interjecting—

Christopher Pyne (Sturt, Liberal Party, Leader of the House) Share this | Link to this | Hansard source

It is my call to speak. For the benefit of the shadow Treasurer: all he needs to do is look at Budget Paper No. 1, chart 1, page 3-11 to get his answer. I move:

That the motion be put.

Mr Tony Burke (Watson, Australian Labor Party, Shadow Minister for Finance) Share this | Link to this | Hansard source

On a point of order, Mr Deputy Speaker, I seek leave to table the document that he just referred to, which does nothing of the sort.

Russell Broadbent (McMillan, Liberal Party) Share this | Link to this | Hansard source

The Leader of the House has moved that the question be put.

The question now is that the motion be agreed to.