House debates

Wednesday, 31 May 2006

Tax Laws Amendment (Personal Tax Reduction and Improved Depreciation Arrangements) Bill 2006

Second Reading

11:11 am

Photo of Joel FitzgibbonJoel Fitzgibbon (Hunter, Australian Labor Party, Shadow Assistant Treasurer and Revenue) Share this | Hansard source

Mr Deputy Speaker, I rise on a point of order. The governor made it clear that that was because the government each year was only returning the proceeds of bracket creep and, therefore, there was no net effect.

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