Senate debates

Monday, 9 November 2015

Questions without Notice

Goods and Services Tax

2:16 pm

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

If the charge by the honourable senator is that on this side we have an instinct in favour of lower, simpler, fairer taxes, then yes you are correct. If you want me to confirm the unremarkable proposition that this government is focusing on tax reform without increasing the overall tax burden in the economy, that we are focusing on tax reform that improves the—

Senator Kim Carr interjecting—

If you think that that is exciting, good luck to you. We are focusing on tax reform which will help us strengthen the economy. We are focused on tax reform that will help to grow the economy such that more jobs can be created in the economy and there will be a growth dividend for government along the way in the form of increased revenue on the back of stronger growth. That is the best possible increase in revenue for government: a revenue increase on the back of stronger growth.

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