House debates

Monday, 26 September 2022

Questions without Notice

Economy

2:08 pm

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source

Every time the member for Hume opens his mouth, he reminds us why, in the 15 seasons of Shaun Micallef's Mad as Hell, there has never been a funnier character than when the member for Hume played himself on Wednesday night. You can see why Shaun Micallef tapped out after 15 seasons: you cannot top the comedic performance of the member for Hume being interviewed by Laura Jayes! The very idea, as the Acting Prime Minister said before, that these characters opposite would have the nerve to ask us about tax and about the cost of living after the wasted decade that they have just presided over. We made our position on tax very clear. What we have said is our priority when it comes to tax reform is multinational taxes. We took to the election, and we will implement in the October budget, a plan to ensure that multinationals pay a fairer share of the tax where they make their profits so that we can fund the services that we desperately need to fund. That's our position. And, as the Acting Prime Minister rightly pointed out, you would think that the dregs of the former government would know better than to come up to this dispatch box—having spent a decade taxing more, borrowing more and spending more but delivering much, much less than its Labor predecessors—and ask us about tax and the cost of living.

As the Acting Prime Minister mentioned a moment ago, those opposite have absolutely no idea, they have absolutely no credibility and, as the Shadow Minister for Finance said, they have absolutely no alternatives to the proposals that we will fund in the budget in October.

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