Senate debates

Tuesday, 23 February 2016

Questions without Notice

Taxation

2:10 pm

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

What is part of the Treasurer's thinking and what is part of the government's thinking is, every single day, how we can strengthen growth, create more jobs and improve our tax system to make it more growth friendly, more efficient and less distorting in the economy, and how we can facilitate stronger growth and do it in a way that is fair.

Unlike the Labor Party, which came up with a massive tax hit on an important industry for Australia, which did not raise any money, when they had already spent all the money they thought it would raise and more, this government actually goes through an orderly policy-development process, and we make our announcements when they are ready to be made. The Australian people will know in good time before the next election—

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