House debates Questions without Notice

Budget

Wednesday, 9 May 2018 House of Representatives

Scott Morrison

Scott Morrison Cook, Liberal Party, Treasurer

2:14 pm

I thank the member for her keen interest in economic matters, on which she's had a great track record in this place. She's always been very keenly interested in the economy. I will repeat for the House: it's fairly straightforward: the final year cost in 2027-28 of those measures is $9.8 billion. Let me provide you with some additional information. In the 2017-18 budget, the major bank levy was proposed to raise around $1.8 billion in 2023-24 and cumulatively around $10 billion to 2023-24. That is when all companies—

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