Angus Taylor (Hume, Liberal Party, Shadow Treasurer) Share this | Link to this | Hansard source

My question is to the Prime Minister. Prime Minister, hundreds of thousands of Australian small businesses operate within family trusts. Can the Prime Minister guarantee that he will not impose a 30 per cent minimum tax rate on discretionary trusts?

Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Link to this | Hansard source

The shadow Treasurer continues to sit there and dream: 'What can I ask about what the Labor government isn't doing today? What can I just make up so the Leader of the Opposition can then jump in and ask, "Well, will you rule it out?"' Well, the sun will come up tomorrow; the sun will go down. We have such an absurd position.

Peter Dutton (Dickson, Liberal Party, Leader of the Opposition) Share this | Link to this | Hansard source

Mr Speaker—

Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Link to this | Hansard source

Here we go!

Milton Dick (Speaker) Share this | Link to this | Hansard source

Order! The Leader of the Opposition is entitled to make a point of order, and he has the call.

Peter Dutton (Dickson, Liberal Party, Leader of the Opposition) Share this | Link to this | Hansard source

It's on relevance. We're up to question 7. The Prime Minister hasn't given a straight answer today. Could he give a straight answer on this?

Milton Dick (Speaker) Share this | Link to this | Hansard source

That was just an abuse of the standing orders. The Prime Minister has the call.

Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Link to this | Hansard source

He's very angry. We saw it yesterday in the chamber and then we saw it in the press conference afterwards. He stood up and he said: 'We'll forget the fact that Michaelia Cash, my shadow Attorney-General, did a Sky News interview and blew things up on Sunday. We'll forget that fact that she put in an op-ed in the WestAustralian'

Milton Dick (Speaker) Share this | Link to this | Hansard source

Cease interjecting. The Prime Minister has the call.

Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Link to this | Hansard source

And we get more abuse across the chamber, Mr Speaker. He's always so angry.

I am asked about tax and ruling things out. Well, here's the member for Menzies for you: 'Could tweaks to negative gearing perhaps help younger generations?' Member for Menzies, I'm not going to do the rule in, rule out of particular policies here. I think the problem with rule in, rule out, whether it's in question time or in the media, is that we get focused on the 24-hour news cycle and not the problems that people sent us here to solve. That's what they continue to say.

When we talk about tax changes, I'm interested in what their view of negative gearing is. The member for Canning has had something to say as well. He said, 'If the problem includes negative gearing then we should make changes.' The new Senator Kovacic—probably not backed by the Leader of the Opposition, given his track record on preselection—said:

We should not be afraid to consider tax changes, whether they be capping the number of properties that can be negatively geared …

Honourable members interjecting—

Then their leader in the Senate, Senator Birmingham, said this: 'There are, no doubt, ways of looking at the tax and transfer system.' That's what they've had to say. One by one, they're out there talking about all these issues. One of the favourites, Senator Rennick, said, 'It's nuts that we don't'— (Time expired)

Milton Dick (Speaker) Share this | Link to this | Hansard source

There was far too much noise during that question.