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

The honourable members opposite can shout. They are going after the savings and the income of some of our older Australians who deserve respect and support. Twenty-eight per cent of people's income is being snatched away in a $5-billion-a-year tax grab. That is what the Labor Party is planning to do, and Australians know that that is a cynical tax grab designed to undermine their prospects in retirement. They know that the extra funding for hospitals, for schools, for national security and for infrastructure depend on the strong economy Australians are building and our economic planning is enabling, and the greatest threat to that is the Labor Party and the member for opposite.

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