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

I understand the Leader of the Opposition, Mr Abbott, had a thought bubble a few months back when he thought up a Liberal Party policy without consulting his shadow cabinet. It has generally been regarded as 'the millionaire mums scheme' because it is so generous to very-high-income earners. I understand now that his own backbenchers have described it as a 'Rolls Royce scheme', including Senator Boyce. They understand that the scheme can be funded only by putting an extra 1.7 per cent tax on employers.

So, the scheme will deliver most to the rich families, most of those on very high incomes, but business will pay a new tax in order to fund it. Quite frankly, it is again a sign of very muddled thinking by the opposition. (Time expired)