House debates Questions without Notice

Economy

Wednesday, 26 March 2014 House of Representatives

Tony Abbott

Tony Abbott Warringah, Liberal Party, Prime Minister

2:12 pm

These changes will save the businesses and the people of Australia $720 million a year, every year. That is real money thanks to the real reforms of this government.

Honourable members interjecting—

Scrapping the carbon tax will not just save a $9-billion tax hit on the economy, it will not just save every household $550 a year, but scrapping the carbon tax will remove $85 million—$85 million—in red tape costs from the backs of the businesses of Australia.

This has been welcomed. This been widely welcomed. I quote Jennifer Westacott of the Business Council of Australia—

Mr Watts interjecting—

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