Senate debates

Thursday, 27 November 2014

Questions without Notice

Budget

2:05 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

as I sat there listening to the shadow minister for finance suggesting that they had fixed the budget by increasing taxes on superannuation, and that they actually had put those taxes in place! Well, it is true that there was a big battle inside the Labor Party, with Mr Crean against Ms Gillard and everybody at each other's throat, attacking each other about the class warfare that the Gillard government initiated. I think even Senator Carr got in on the act at the time. It is true that Mr Shorten, on the back of a coaster wrote up a bit of a brain snap on how he could go back with his hands into the pockets of people across Australia saving for their retirement. But you know what? He banked it in the budget; he never legislated it. As so often with Labor, they are all talk and no action.

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