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

Mr President, pardon me—the benefit of having a daughter in child care is you get every cold there is. It is the case that this government has made clear the challenges as a result of receiving much less revenue than was anticipated.

Senator Brandis interjecting—

The $70 billion is where you start in terms of how much you have to cut to return the budget to surplus. Those are not my words—they are Mr Robb's words; they are Mr Hockey's words. We know where you will start. You will start with low-income Australians—3.6 million Australians who get a tax cut under this government on their superannuation will be in the firing line. These are Tory values in action: 'Let's go after working people's superannuation.'

Senator Conroy interjecting—