Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

I thank Senator Lambie for that supplementary question. The challenge, when it comes to proper tax policy and the best possible tax design, is how can we raise the necessary revenue to fund the important services of government in the most efficient way possible, in the least distorting way possible in the economy, so that we do not detract from economic growth and job creation opportunities. So the conversation we need to have—bearing in mind that there is no opportunity here to increase taxes with a 'the sky is the limit' approach—is—