House debates

Monday, 20 August 2018

Questions without Notice

Economy

2:30 pm

Photo of Ms Julie BishopMs Julie Bishop (Curtin, Liberal Party, Minister for Foreign Affairs) Share this | Hansard source

$16 billion has been generated for the local economy. Over the life of this one project, it is estimated that there will be $73 billion in tax revenue generated. So that's what the coalition government's policies are aimed at developing—more foreign investment.

I'm asked about alternative approaches. Well, the Labor Party's policies are anti-investment, anti-economic-growth and anti-jobs. The Labor Party believes in higher taxes and higher prices. They are so against business that it is having a deadening effect—the mere thought of a Labor-led government would have a deadening effect on investment.

So the coalition stands for jobs, for workers and for investment. Labor stands for higher prices, higher taxes, lower investment and fewer jobs. We are fighting for the Australian worker. (Time expired)

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