Christopher Back (WA, Liberal Party) Share this | Hansard source

I will come to the fact that then in government they had the best terms of trade in Australia's history. But what did they do with it? The first thing they did, of course, was to bring in a carbon tax and to send profitable businesses offshore. They had them compete unfairly with importing businesses which, of course, did not pay the carbon tax. The other industry going so well at that time was the resources sector, because we happened to have a product that the Asian neighbours all wanted. It was nothing to do with the Labor government—nothing to do with Mr Swan, the then Treasurer.