Penny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source

As the opposition well knows, there were a range of recommendations in the Henry review, and the Treasurer has outlined the government’s response on some of those and has made clear that some of those recommendations are matters which need to be considered more broadly and over a period of time by the nation. The fact is that the RSPT that the government is proposing is tax reform that is about strengthening the Australian economy. It is about building Australia’s prosperity, something those opposite may have forgotten about. But we on this side understand the importance of ensuring a stronger economy that delivers for Australian working families. I would remind those opposite that this tax reform does a range of things which they may like to gloss over, including reducing taxation rates for small business, reducing red tape for small business and cutting tax for other sectors of the economy through reductions in the corporate tax rate. I would have thought there was—