House debates

Monday, 12 October 2015

Questions without Notice

Taxation

2:25 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

I thank the member for Dobell for her question. Mr Speaker, you cannot tax your way to surplus. That is not how you achieve a surplus. The way you achieve a surplus is that you control your expenditure and you have a tax system that grows the economy, that supports the economy and that supports Australians and the decisions that they want to make to work more, to save more and to invest more, because they know if they work more, they save more and they invest more that our economy will be the beneficiary.

We know and I think all Australians know that the economy is going through a period of transition. There is volatility beyond our shores, and even here on occasion there is uncertainty. But what we know is that Australians are up to the job of working through this transition.

Mr Champion interjecting

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