Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

The impact of alternative economic approaches is entirely predictable. There is no question that if Mr Shorten was successful at the election it would make our economy weaker, make our country weaker and make Australians poorer. A Shorten Labor government would take us backward with higher unemployment, weaker growth, lower living standards and a budget mess. Mr Shorten sneers at those who want to get ahead and only promises them a higher tax burden. He's already said that aspirational middle-class Australians do not deserve tax breaks. That is what Mr Shorten says. If you buy an investment property to secure your family's economic future, the Labor Party will have their hands in your pocket. If you buy some shares for your retirement, the Labor Party will have their hands in your pocket. If you try to build a nest egg to pass on to your kids, the Labor Party will have their hands in your pocket. The Labor Party does not know how to manage money. When they run out of money, they come after yours. That is the message to the Australian people. (Time expired)