House debates

Wednesday, 15 August 2018

Questions without Notice

Taxation

2:04 pm

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

I thank the honourable member for his question. We're ensuring that hardworking Australian families can keep more of the money they earn. Despite the opposition from the Labor Party, we were able to reduce personal income tax for middle-income and lower-middle-income Australians, with $530 coming back to over four million taxpayers in this financial year. The Labor Party voted against our comprehensive personal income tax reform just like they voted against our reductions in tax for small and medium companies, all of which are investing now and hiring, and that is why we're seeing that stronger wage growth. Of course, the other important element we're delivering is lower energy prices. We're turning the corner on energy prices.

There is a very straightforward question for the Leader of the Opposition to answer. I recognise that in his job he has some complex questions. He does. He has to work out how he's going to settle his preselection arrangements with the Victorian Premier. That'd be pretty complicated.

Comments

No comments