Monday, 26 September 2022
Questions without Notice
Jim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source
I've made the government's priorities clear when it comes to tax reform, and those are multinational taxes. As people would have read in the Fin today, there is a measure before the House on franking credits, proposed by the former Treasurer—a fellow called Scott Morrison—in 2016. There's a proposal before the parliament to finish that job that he managed in the MYEFO of 2016.
As the Shadow Minister for Finance has said, those opposite have absolutely no alternatives to what we're proposing in the budget. The member for Hume is already a laughing-stock in this place, the Shadow Minister for Finance is determined to outdo him, and the Leader of the Nationals is no better, talking about the little present that they left the Australian people when the government changed hands. The present that those opposite left the Australian people when government changed hands was skyrocketing inflation, falling real wages and a trillion dollars in debt which is becoming more and more costly for the Australian people to service.