House debates

Thursday, 15 June 2017

Questions without Notice

Budget

2:02 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

He opposed the company tax cut and he spent all the proceeds. We have seen today great figures in terms of jobs growth. What is driving that? It is investment, it is confidence, it is firms hiring Australians to get to work to build their businesses. And that is being encouraged by our company tax cuts. The Labor Party oppose all of that. They oppose that growth. They sneer at jobs and growth—it is just a slogan, they say. Well, I will tell you what: it is an outcome; that is what we are seeing. It is what my government is delivering. What Labor delivered was unsustainable debt. We continue to clean up the mess Labor left us. And the Leader of the Opposition—fresh from the drawing rooms of Toorak and Sandringham, fresh from tucking his knees under the table of all his rich mates, fresh from selling out the members of the AWU and selling out their penalty rates, fresh, glowing in hypocrisy as this champion of the poor and oppressed—then complains about tax cuts for millionaires. Anyone who earns over $180,000 is a millionaire—is that right? It was not so long ago he said on Melbourne radio that people who earn over $180,000 are middle income. They are the people he wants to keep on taxing. He has no plan for jobs and no plan for growth, just higher taxes, more debt, less investment and less employment.

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