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

As I indicated in my primary answer, the alternative government has no economic plan, has no plan for jobs, has no plan to ensure that we put Australia on a stronger foundation for the future. Instead, Labor under Bill Shorten wants to bring back a carbon tax, and a carbon tax which is worse than the Gillard version of the carbon tax, one which would wipe more than $600 billion out of our economic growth over a 10-year period, one which would push up the cost of wholesale electricity by nearly 80 per cent, one which would cost jobs, one which would hurt our economy, one which would do nothing to help reduce emissions globally and one which would lead to a $200 a tonne carbon tax—unbelievable. Then we have got the Leader of the Opposition joining the outrageous, union-fuelled xenophobic attack on the critically important and historic agreement that Australia has engaged in and negotiated with China. (Time expired)