Senate debates

Wednesday, 22 August 2018

Bills

Treasury Laws Amendment (Enterprise Tax Plan No. 2) Bill 2017; In Committee

9:50 am

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

I want to make sure everybody understands what just happened. The Labor Party just voted to keep tax cuts for the big banks inside the Ten Year Enterprise Tax Plan. The Labor Party just voted in favour of tax cuts for the big banks. The Labor Party just voted against carving the big banks out of our Ten Year Enterprise Tax Plan. That is what just happened. The Labor Party, One Nation, Centre Alliance, Senator Storer and the Greens all voted for tax cuts for the big banks. That is what the Australian people need to understand. Only the Liberal and National parties, Senator Anning, Senator Burston, Senator Leyonhjelm and Senator Hinch—

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