Bill Shorten (Maribyrnong, Australian Labor Party, Leader of the Opposition) Share this | Link to this | Hansard source

My question is to the Prime Minister. I refer to the bank tax, which Labor will not stand in the way of, but I note concerns reported in today's media that there is a $2 billion hole in the government's bank tax. Does the Prime Minister stand by the forecasts on the bank tax, on what it will raise in the budget—a budget handed down two weeks ago? Or is his budget already falling apart?

Mr Pyne interjecting—

Tony Smith (Speaker) Share this | Link to this | Hansard source

The Leader of the House will cease interjecting, or I will need to take further action. The Prime Minister has the call.

Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

For somebody who claims to be supportive of the major bank levy, the Leader of the Opposition is doing a very good impersonation of somebody who wants to stand in its way. The Leader of the Opposition is part of an extraordinary trifecta. We have the member for Sydney, the shadow education minister, who does not support needs based funding for schools. She has abandoned that. She has abandoned David Gonski. We have the Leader of the Opposition, who talks fire and brimstone about the banks and now is trying to stand in the way and throw obstacles in the way of the major bank levy. And then of course we have the member for Jagajaga, who has committed her life in this place to helping those who are disadvantaged, to helping those with disabilities, and now she is part of a team that is opposing the full funding of the National Disability Insurance Scheme. You have to ask yourself: the one thing that we know the Leader of the Opposition stands for is one political convenience after another, and it is always his.