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

Yes, sadly, I am aware of an alternative approach. What I am aware of is that the Labor Party have not learnt anything from their past mistakes. The Labor Party are at it again. They want to tax more; they want to borrow more; they want to spend more. They want to bring back the carbon tax. They want to impose more than $100 billion in new taxes on the Australian economy.

But let me say it very slowly to the Labor Party: you do not grow the economy more strongly by whacking up taxes by $100 billion. You do not increase the level of investment into our economy by coming up with your ill-thought-out attack on Australian mum-and-dad investors investing in property. You do not increase the level of investment and you do not increase growth and create more jobs by bringing back your discredited carbon tax, which would push up the cost of electricity for everyone and just shift emissions overseas and do nothing for the environment.