House debates Questions without Notice

Taxation

Wednesday, 27 June 2018 House of Representatives

Chris Bowen

Chris Bowen McMahon, Australian Labor Party, Shadow Treasurer

2:54 pm

My question is to the Prime Minister. Under this Prime Minister, household debt is already at a record high, and gross debt has reached half a trillion dollars for the first time in Australian history. The governor of the Reserve Bank has said:

We have very high levels of debt, very high … asset prices, that's our number one domestic risk …

Prime Minister, given that warning, isn't this the worst possible time to lock in an $80 billion big-business tax cut?

Comments

No comments