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

The only party in this chamber, other than the Australian Greens, that is actually publicly advocating an increase to the company tax rate is the Liberal Party. Your 1.5 per cent 'levy'—sorry; a levy is not a tax, I think Mr Hockey said—on the corporate tax rate to pay for your paid parental leave scheme is somehow, magically, not a tax. But that is your policy.

In terms of income tax, we have cut income tax for every Australian earning under $80,000 a year, and the majority of low-income earners under that tax threshold are of course working women. Who is proposing to impose a tax hike, an income tax hike, on that group of Australians? Who is it? It is the Liberal Party of Australia.