House debates

Wednesday, 24 February 2016

Matters of Public Importance

Turnbull Government

3:21 pm

Photo of Alex HawkeAlex Hawke (Mitchell, Liberal Party, Assistant Minister to the Treasurer) Share this | Hansard source

Quite rightly, people judged you at an election. They quite rightly looked at your policy and said, 'This is the world's highest price on carbon; we do not support it.'

So when you say to us that we are wrong to point out the flaws in your policy, we are not going to apologise for pointing out the serious design flaws in your policy proposals. The proposition you are putting forward to the Australian people is that property prices in Australia will fall. Property prices are the principal wealth creation mechanism for ordinary Australians. You have not thought this through. You have not thought through the implications on stamp duties. You have not thought through the implications on revenue for states. You have not thought through any of the questions that need to be thought through before you announce a policy like this, and for the Labor Party with its record on debt and deficit—racking up the biggest debt and deficit in this country's history and avoiding any responsibility for it—to lecture us on leadership, and on economic leadership in particular, is a bit rich.

Australians will judge the Labor Party. They will judge us on our plan and they will judge you on your record.

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