Stephen Conroy (Victoria, Australian Labor Party, Minister for Broadband, Communications and the Digital Economy) Share this | Hansard source

If we followed the opposition's logic, we would stop collecting around $2 billion in PRRT each year, because it is volatile and difficult to forecast. Those opposite want to come in here and cry crocodile tears for a revenue stream that they have opposed every single step of the way. You have spent most of the last six months claiming there was zero revenue and then you come in here and start crying crocodile tears. From day one you saw a resource rent tax as an opportunity to go down on bended knees to vested your own vested interests to protect those. And you want to give your billionaire mates a tax cut. That is what you are proposing—increased taxation for people on under $37,000. (Time expired)