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

I thank Senator Macdonald for that question and for the opportunity to clarify the actual situation in relation to this. The reality is that a starting tax rate—that is, a tax from the first dollar earned for foreign residents working in Australia—has been in place in Australia since 1983-84. At the time, the initial tax rate was 29 per cent. It was the—