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

Look at the outrage, the indignation, from the Labor Party when I make that point. I want to delve into recent history—

Opposition members interjecting—

Yes, you're right. You'll regret this. Twenty years ago—Labor's election policy in 1998—

Opposition members interjecting—

this is what the Labor Party said. They went on a unity ticket with John Howard to the election, and this was the policy:

Low income older people will be able to use their imputation credits even if they do not pay tax. This will mean that they can effectively 'cash out' the value of their imputation credits and increase their disposable incomes.

Mr Khalil interjecting—

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