I rise to speak on the amendments to the Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016.

In July 2009, the member for Wentworth, in his first stint as temporary leader of the coalition, launched the coalition's debt truck. He said:

The debt truck is an important way of drawing to the reality of this debt. This is not a question of spin.

Speaking on the AM program, Mr Turnbull said that the country's debt levels would be 'dramatically' lower under a coalition government. Of course, at that stage, gross debt was around $100 billion. Now, as the member for Rankin has frequently pointed out, we are within 100 days of gross debt crashing through the half-a-trillion-dollars banner.