Senate debates

Wednesday, 12 October 2016

Bills

Treasury Laws Amendment (Income Tax Relief) Bill 2016; In Committee

10:17 am

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

That is not what I am saying. You are putting words in my mouth and you are misrepresenting and verballing what I am saying. What I am saying is clearly that, as a result of decisions made by car manufacturers, these jobs will go. Ford—which, sadly, closed its doors the other day—made that announcement in May 2013 in, dare I say it, the period of the previous Labor government. We are not criticising them for it. It was a long time coming. There were a range of reasons for it. We now have to look forward and focus on where we can be the most competitive possible to be successful into the future.

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