House debates

Thursday, 15 October 2015

Questions without Notice

Taxation

3:09 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

I have always taken that view and honourable members opposite who know me know that is true. The simple point I made about First State Super was simply this: big funds, big companies and small funds invest in these offshore vehicles and, when they do, the income comes back to Australia and all of the tax—not most of it but all of it—goes to the Australian Taxation Office. So, really, if the honourable member wants to go around wearing a sandwich board saying, 'Malcolm Turnbull's got a lot of money,' feel free. I think people know that.

I ask that further questions be placed on the Notice Paper.

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