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

It appears that the opposition, while not having an alternative policy, intend to roll back this reform as well. Not only are they going to roll back the compensation to people as part of the carbon tax but they are also going to roll back the superannuation, the company tax—all those benefits that come from the mining boom. They are going to roll those back and give them back to the mining companies. That is what they think they are going to do.

They have decided that the superannuation thing might be a bit hard, so they have changed their mind on that, but they are not quite sure how they are going to pay for that. They have $70 billion of budget cuts to make and they are throwing this on top of that—they have the cost of all this rollback—all to make sure that Australia's largest mining companies do not pay tax on super profits, all to make sure that the Liberal Party can say to the miners: 'We're not going to make you pay tax on super profits. We don't think the Australian people should benefit from the boom.' Shame on the opposition! Shame on you! That is not good policy. (Time expired)