Senate debates
Thursday, 24 November 2011
Questions without Notice
Mining
2:13 pm
Nick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Hansard source
As I have indicated on many occasions, and will continue to emphasise, the Labor Party, with the proceeds of the mining tax, which we are proud of, intends to implement a billion dollars in tax cuts for small business. We intend to cut the contributions tax for over 3½ million low- and middle-income workers' superannuation, of whom six out of 10 are women. Senator Cormann declared yesterday that in the run-up to the next election the Liberal Party, because they have promised to scrap the mining tax—they are saying no to it—they are also saying no tax cuts for small business and no tax cuts for superannuation. All they can do is say no. I wish them a happy Christmas and I hope they find some policy under the Christmas tree. (Time expired)
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