House debates

Thursday, 23 March 2017

Bills

Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016; Second Reading

12:22 pm

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Shadow Parliamentary Secretary to the Leader of the Opposition) Share this | Hansard source

The biggest problem with these company tax cuts is their divisive nature. In a time when we have people looking for political alternatives, in a time when we have record low wages, in a time when people are struggling to get by, the government's bright idea is to cut family payments, to support cuts to penalty rates at the same time as they give $7 billion to the big banks. It is hard to imagine a more divisive agenda than this. The member for Petrie will not be able to say whether the tax cuts are coming or staying. He is probably a few days behind as usual, and he has probably come in here not realising that the Treasurer is going to ditch the tax cuts that the member for Petrie is speaking in favour of.

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