House debates

Wednesday, 25 February 2015

Bills

Tax and Superannuation Laws Amendment (2014 Measures No. 7) Bill 2014, Excess Exploration Credit Tax Bill 2014; Second Reading

11:22 am

Photo of Scott BuchholzScott Buchholz (Wright, Liberal Party) Share this | Hansard source

I take the interjection from the good member from the other side. The mining tax revenue raised was not Labor's high point. Only Labor could come up with a tax, spend the money and have the tax raise little or no money—less than five per cent of its forecast revenue. It was not Labor's finest hour in the parliament.

Schedule 7 is on miscellaneous amendments. This is rats-and-mice stuff. Predominantly, tax law amendments, and tax and superannuation laws are not sexy, but they important to the country. I commend the bill to the House.

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