Ian Macfarlane (Groom, Liberal Party, Minister for Industry) Share this | Hansard source

If the member for Moreton would listen he would learn something. It costs, on top of those losses, another $50 million to collect by the ATO. This is a disastrous tax. Then you combine it with the carbon tax, which is a $9 billion hit on industry and resources in Australia and you wonder why the coal industry is doing so badly at the moment.

The coalition is intent not only on removing these taxes but restoring confidence to industry and resources. The member for Dawson has shown over the last three years as the member for that seat that when you support an industry, when you protect and work with an industry, the community actually understands you are trying to save the industry. So despite the downturn in his electorate, despite the fact that things are getting tough in Mackay, despite the fact that the Labor Party went to war on the resources sector, I have to report that the member for Dawson was returned with an increased majority. That is not just because of that; it is also because he works so hard across the many other issues in his electorate. Madam Speaker, if those on the other side want to end the vandalism of the resources sector that they introduced then I suggest they get out of the way and let us repeal the carbon tax and the mining tax.

See this speech in context