House debates

Tuesday, 3 May 2016

Bills

National Disability Insurance Scheme Savings Fund Special Account Bill 2016; Second Reading

1:08 pm

Photo of Craig KellyCraig Kelly (Hughes, Liberal Party) Share this | Hansard source

that he represents—this bill is all about how we are going to fund the NDIS. Where is the money going to come from? You may think that you just have to turn the printing presses up or go out and sell more government bonds and put the future generations of this country into greater debt to finance things. That is not how the economy works. That is not how government works. I am going through the things they are proposing, the reasons why and the things that we need to do to create the wealth in this country needed to pay for the NDIS gap that we have, because the Medicare levy at the moment funds only $3.3 billion out of $22 billion.

They plan to bring back their carbon tax under the name of an ETS. That will put up the price of electricity. Higher electricity costs in this country means fewer jobs. It will destroy jobs in this country. It will destroy wealth. There will be pensioners who will struggle to pay their electricity bills in the winter because this mob over here want to put up electricity prices. That is their plan.

The other thing that will destroy wealth creation in this country is our inability to bring back the Building and Construction Commission. We need a construction industry in which people can invest their money and know they will not be victims of union thuggery and extortion. Yet what do we hear from the other side? We hear whinging, because we know that they are the mere puppets of the union movement. That is all they are. They want to do the bidding of the union movement. As the member for North Sydney said, they do not care.

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