House debates International Monetary Agreements Amendment (Financial Assistance) Bill 2009
Second Reading
Joe Hockey North Sydney, Liberal Party, Shadow Treasurer
1:07 pm
Okay. I understand they smoke cigarettes overseas, Madam Deputy Speaker, and they smoke in Australia as well. In relation to smoking in Australia we proposed a marginal increase in the excise on cigarettes. What does the Treasurer do? He releases Treasury assumptions that go out 10 years. He does not advise the public that Treasury’s figures have been out by $1 billion in the last few years on cigarette excise.
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