Scott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

That's $6.2 billion, and that is for them reversing tax cuts for small businesses, medium-sized businesses and businesses up to a turnover of around $100 million. There are no big banks there, no big multinationals there, just higher taxes for small businesses and medium-sized businesses. There are higher taxes for those on the highest rate of income tax. There's $5.2 billion in that, but that does not come within a bull's roar of the real target of the Labor Party when it comes to tax, and that's their retirees tax.

The Parliamentary Budget Office estimates that they will take $10.7 billion from the retirees of Australia. This is a Labor Party which sees an older Australian and just sees a tax target.

Ms Rowland interjecting—

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