House debates

Tuesday, 19 June 2018

Questions without Notice

Economy

2:08 pm

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

Labor has failed and is failing the very people it was founded to represent.

Because of that stronger economy that we are enabling, that we are seeing, and because of the record jobs growth we are seeing, we have the resources to pay for the essential services Australians need. That's why we can increase funding on public hospitals in the electorate of Longman, in the northern part of Brisbane, by 53 per cent over the time that Labor was in. It's why we're able to offer a five-year hospital funding agreement to the states, which will involve $30 billion more spent on public hospitals. That is why our comprehensive income tax reform rewards enterprise and initiative. It is reform that will see 94 per cent of Australians pay no more than 32½c in any extra dollar they earn from $41,000 up to $200,000—a marginal rate of 32½c. It's a massive reform. It rewards effort. It encourages enterprise. It provides the support for the aspiration that is at the very heart of our beliefs, but is now a mystery to Labor.

Comments

No comments