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

I thank Senator Hanson for the supplementary. The Australian government is hell-bent on maximising the opportunity for Australians today and into the future to get ahead, and that is why we are committed to a set of policies and initiatives that maximise our economic growth opportunities, that maximise investment into our future growth and that maximise the opportunity for Australian businesses to be successful and hire more Australians, creating more jobs. Any business that operates in the Australian economy of course has to comply with our laws, including and in particular our tax laws. Our government has a proud record when it comes to making sure that multinational businesses operating in Australia comply with our tax laws. We have one of the toughest multinational anti-tax-avoidance regimes in place in the world. We have worked with our international partners through the G20 to implement all of the recommendations of the Base Erosion and Profit Shifting action plan. We have one of the toughest anti-avoidance regimes in the world.