Stephen Conroy (Victoria, Australian Labor Party, Minister for Broadband, Communications and the Digital Economy) Share this | Hansard source

The MRRT package is fully reflected in the budget bottom line. Resource rent taxes are, by their nature, volatile and difficult to forecast. All profit based taxes have taken a big hit in recent times, but this does not mean we should take the opposition's advice and abandon and repeal this tax. We are going to continue to stand up for households and ordinary Australians against those opposite, who simply get down on bended knee to the vested interests like Ms Rinehart and Mr Forrest. Those opposite want to see that there is zero tax collected from these companies under the MRRT. That is your preferred position. Do not come in here and pretend that you are remotely interested in a fair tax system. Do not come in here with those crocodile tears. (Time expired)