Nick Sherry (Tasmania, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

The global recession obviously has an impact on the Australian economy and in turn has an impact on government revenue. Let me give you some examples, which Senator Coonan has asked for. They are on page 5-46 of Budget Paper No.1, Senator Coonan, if you would care to look. Company tax declines from $61.7 billion to $58.8 billion; superannuation fund tax receipts decline from just over $12 billion to $9.14 billion; fringe benefits tax declines from almost $3.9 billion to $3.4 billion— (Time expired)