Senate debates

Tuesday, 10 February 2015

Bills

Tax Laws Amendment (Research and Development) Bill 2013; In Committee

1:59 pm

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

As I have indicated before, the government consulted the most important people of all—that is, the people of Australia—in the lead-up to the last election. The people of Australia supported the policy reflected in our costings which was both the policy of the coalition and the policy of the Labor Party, which was to ensure that the research and development tax incentives could be better targeted. We can go round and round in circles on this Labor/Green filibuster. It will not change the fact that this is a measure that was taken to the last election.

The CHAIRMAN: Order! It being very nearly 2 pm the committee shall report progress.

Progress reported.

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