Chris Evans (WA, Australian Labor Party, Leader of the Government in the Senate) Share this | Hansard source

It seems that the opposition do not like hearing about how this measure will benefit all Australians because, we know, they want to oppose the minerals resource rent tax. They do not think that these superprofits ought to be taxed. They believe that the resources companies ought to make those superprofits without paying any benefit to the owners of those resources, the Australian people. They are a risk to the future success of the Australian economy.

If we do not benefit from this resources boom by investing in our future, we will have wasted a huge opportunity. We are not going to waste that opportunity. We are going to invest the proceeds from the superprofits of these companies in the superannuation of working people and in tax cuts and write-downs for all the small businesses in this country. We actually want to make sure we invest in the future of this country by using the resources boom, using the Australian people's resources, to benefit us all. (Time expired)