House debates Questions without Notice

Fuel Prices

Tuesday, 27 May 2008 House of Representatives

Malcolm Turnbull

Malcolm Turnbull Wentworth, Liberal Party, Shadow Treasurer

2:39 pm

My question is directed to the Prime Minister. I refer to the comments from the New South Wales Treasurer, Michael Costa, that the states would demand compensation for the hundreds of millions of dollars in lost revenue if the Prime Minister removes the GST on the excise component in the price of fuel. Is Mr Costa right or wrong? Would the states be compensated? Whatever happened to the Prime Minister’s grandiose claim that he would fix our federation and end the blame game?

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