Senate debates

Wednesday, 12 October 2016

Bills

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

9:34 am

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

As the government has made clear, this tax cut for Australian workers on average full-time earnings is funded by a crackdown on tax avoidance, in particular a crackdown on multinational tax avoidance. All of the measures on the revenue and on the spending side of the budget are, of course, reflected in the budget.

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