Senate debates

Friday, 16 June 2023

Bills

Treasury Laws Amendment (2023 Measures No. 2) Bill 2023; Second Reading

11:26 am

Photo of Gerard RennickGerard Rennick (Queensland, Liberal Party) Share this | Hansard source

Okay; I'll come back. What I want to talk about is the importance of innovation and incentives. That's what this budget lacks, incentives to drive enthusiasm to invest into this country. That is a legitimate issue that this budget does not address, incentives to build infrastructure. The more dams you have, the more power stations you have, the better the roads you have means you will push down the cost of doing business, which deals with inflation. You can sit there and think that's a funny proposition, Senator Ayres, but it is actually a genuine issue, and it relates to this budget. We don't have enough of it in this country. What we get instead is this constant vilification of the very goose that laid the golden egg in this budget, which is our iron ore industry, our coal industry, our gas industry and our gold industry.

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