Martin Ferguson (Batman, Australian Labor Party, Minister for Resources and Energy) Share this | Hansard source

You made an intervention and I thought it was appropriate that I responded in a factual way. I challenge the coalition to make sure very publicly that it does not support Mr Forrest's xenophobic attacks on foreign investment and the rest of the petroleum and mining industry in Australia. It is un-Australian because we depend on that foreign investment for the purposes of our economic future.

The question of savings in Australia was also raised as part of the MRRT. I remind the House that a lot of sectors in Australia are doing it tough. The proceeds of the MRRT are going to be well invested. Cuts in company taxation will support small business to actually purchase new capital equipment and I might say encouragement of superannuation savings— (Time expired)

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