House debates

Wednesday, 20 June 2012

Bills

Tax Laws Amendment (2012 Measures No. 2) Bill 2012, Income Tax (Managed Investment Trust Withholding Tax) Amendment Bill 2012, Pay As You Go Withholding Non-compliance Tax Bill 2012; Consideration in Detail

12:43 pm

Photo of Michael KeenanMichael Keenan (Stirling, Liberal Party, Shadow Minister for Justice, Customs and Border Protection) Share this | Hansard source

On the Australian political landscape there is one big set piece speech given every year and that is when the government brings down its budget. The budget is the most important document that any government brings down. It outlines the government's priorities and where expenditure is going to be. It really is a blueprint for how the government is going to govern in the following year. Indeed, it is a blueprint for how the government is going to govern in the following few years after that as well. It is a vitally important document.

If I cast my mind back to the budgets for which I have been in this parliament, the idea of Prime Minister Howard or Treasurer Costello bringing down a budget which they would subsequently amend would be completely and utterly unthinkable. Unfortunately, the unthinkable has become the norm under this incompetent Labor government. We are debating a bill here today and, astonishingly, the next bill we are debating is going to show the government moving to amend its own budget document within 1½ months of that document being brought down. I think a government that cannot bring down a budget—

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