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

The government will be opposing this amendment for the reasons that I have extensively canvassed in my second reading speech. Our plan provides income tax relief to all working Australians but in a way that is fiscally responsible. Our plan is economically necessary and fiscally responsible. The Labor Party went to the election arguing for higher taxes as the pathway to a stronger economy, and now they are saying that they have rediscovered the virtue of lower taxes. It just doesn't hang together. Our plan is economically and fiscally responsible, and we will be opposing this amendment.