House debates

Monday, 29 July 2019

Questions without Notice

Revenue

2:24 pm

Photo of Michael SukkarMichael Sukkar (Deakin, Liberal Party, Assistant Treasurer) Share this | Hansard source

Undoubtedly, you would support legislation that somebody said would raise $13½ billion extra. But guess what? I can tell all those new members of this House: the Labor Party voted against it. And, believe it or not, to get that legislation passed, we relied on the Greens. The Greens showed more economic sense than the Labor Party in supporting our multinational anti-avoidance laws, which have raised $13½ billion. But it gets worse—you'd think the Labor Party would learn their lesson—we proposed to ensure that foreign digital platforms that were selling low-value goods into Australia collected and paid GST, to level the playing field for Australian businesses that were competing against it. That law, I can report to the House, in the first three-quarters of the first year that it has been in place, has raised $253 million. So that's $253 million via GST, which is funding schools and hospitals, collected from foreign digital platforms, is now being spent—and funding essential services in Australia. Guess what? The Labor Party didn't support that either. Can you believe that the Labor Party— (Time expired)

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