Senate debates

Tuesday, 27 March 2018

Questions without Notice

Taxation

2:45 pm

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

I know that the Labor Party these days is into the Soviet-style planned economy, where you centrally prescribe everything in the economy, but let me tell you: that is not the way we work. We want to give business the best possible opportunity to be successful so they can hire more Australians and pay them better wages. And guess what: our plan is actually working. More than 420,000 new jobs were created in the last 12 months. And guess what: wages growth is picking up, as you would expect. Yes, there's been a period of lower global growth, there's been a period of massive transition—

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