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

For the benefit of Senator Conroy, yes, the government is very grateful for the cooperative approach that Labor has taken in relation to the omnibus savings bill, and we hope, as I said, that this is only the beginning. There is more work to be done to implement our reforms, to make our superannuation system, and the tax concessions in super, fairer and more sustainable. There is still a lot of work to do to ensure that we have a genuinely internationally competitive business tax framework, that we continue to attract more investment, that we continue to be able to boost productivity, boost growth and indeed achieve increases in real wages over time. There is of course still significant work to be done to ensure that the spending growth trajectory that is currently reflected in our forward trajectory is reduced and brought down to a more sustainable and affordable level. We hope that this example today of an agreement reached between the government and the opposition is only the beginning of more to come. (Time expired)