Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

We are very conscious of cost-of-living pressures, which is why we are providing tax cuts and which is why we are providing increases to the family tax benefit. We have already provided increases to assistance through the education tax refund and we are providing more funding to Australian families through the childcare rebate. We are serious about ensuring that we manage the economy, including managing the changes that a carbon price will bring, with a very clear eye to supporting Australian families, and that is what we have done. It stands in stark contrast to the economic illiteracy of those opposite, who are going to take taxes from Australian families and give them to large polluting companies with no significant benefit to the environment, at a higher cost to the economy and at a higher cost to the Australian taxpayer. The senator should remind everybody that he supports lower family tax benefits and lower pensions. (Time expired)