Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

It is pretty interesting to watch the unfolding barney among those opposite on the future of the CPRS, the Carbon Pollution Reduction Scheme, and its application across the economy. I presume the reference here on the part of the Deputy Leader of the Opposition is in relation to the proposed new taxation arrangements for condensate. I say to those opposite that either you are serious about economic responsibility or you are not. I say to those opposite, as they seek to pursue populist politics on this, that either you are serious about adhering to the budget bottom line or you are going to continue to allow a tax loophole for a particular category of production to sustain itself into the future, a tax concession introduced at the original time for a specific purpose which has now expired.

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