House debates Tax Laws Amendment (2010 Measures No. 4) Bill 2010

Consideration in Detail

Wednesday, 17 November 2010 House of Representatives

Bill Shorten

Bill Shorten Maribyrnong, Australian Labor Party, Assistant Treasurer

5:30 pm

If the member for North Sydney could just show a little patience rather than precociousness. The proposition is that every taxpayer, under this coalition thought bubble dreamed up in the frenetic rush leading up to an election, would receive this information. The problem with the coalition proposition, I realise, is that the net debt figure comes out in August. The shadow Treasurer may not be aware that quite a lot of people actually process their tax before the time of that figure, and one of the consequences of the coalition’s amendment would be that millions of Australians might have their tax returns delayed to fit in with this.

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