House debates

Wednesday, 27 June 2018

Matters of Public Importance

Taxation

3:52 pm

Photo of Sarah HendersonSarah Henderson (Corangamite, Liberal Party) Share this | Hansard source

Let me state that it was for the first four years of funding, not six years. That was the unity ticket. The member for Lalor was wrong, wrong, wrong. More misrepresentations. She's also wrong about health funding. Contrary to Labor's lies, funding to public hospitals is at record levels for every state and territory. Our new hospitals agreement, which has now been signed by three Labor and three Liberal state governments, will guarantee funding through to 2025. It's very regrettable that the Labor state government in Victoria, the Daniel Andrews government, has not signed this agreement. As I said, we are delivering record funding to all states. In effect, we are delivering double the funding that was delivered in the last year of the Labor government—double the funding.

On a day such as today, when we're speaking about Labor's track record, we are very proudly standing here, delivering tax cuts to all Australians and, of course, to all companies. That is our policy. Yesterday, the Leader of the Opposition made the declaration—a captain's call like no other—that Labor would reverse the tax cuts for companies turning over between $10 million and $50 million. That goes down, I think, in this term of parliament as Labor's biggest stuff-up. There are members opposite who are hanging their heads in embarrassment. We've seen the member for Bass is embarrassed. He knows businesses in his electorate will not cop this from Labor. As I mentioned earlier in my 90-seconder, I've already spoken today to one business owner, in Geelong, who is very concerned about his company, which turns over between $10 million and $50 million, and concerned about the lack of certainty and the impact that this would have if ever Labor were elected. The day before, I spoke to some other owners of small companies in the surf industry, working in the Torquay area, and they also said, 'We are starting to get very, very concerned about these policies.'

We are very proud of what we are doing. We're building a stronger economy, building record jobs growth and delivering GDP growth at 3.1 per cent. In contrast, this appalling Labor opposition has no plan to create one new job. The only plan Labor has is to wreck the economy and to pump up the unions, to pump up their mates, to be beholden to the likes of the CFMEU. Even the AWU has deserted the Labor Party when it comes to Labor's policy on power prices. What we see is an economy-wrecking opposition, and that is why it is so important for all Australians to back the Liberals and Nationals at the next federal election.

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