Keith Pitt (Hinkler, National Party) Share this | Hansard source

Thank you very much, Madam Deputy Speaker, for the guidance. Mythomania is a real condition. But look at the broken promises. This government, this Prime Minister, committed to the Australian people: that mortgage costs would go down—broken; that cost-of-living would be lower under this government—broken; that electricity prices would be lower under this government—broken; that gas would be cheaper—broken; that there would be no changes to superannuation—broken; that they wouldn't change to stage 3 tax cuts—broken; and that there would be no changes to negative gearing and death duties. Well, they haven't broken that one yet but there is still time, and I can tell you why. Because in today's Australian, 'go get negative gearing' the ALP is told—go get negative gearing. How do we know they are lining up to break this promise? Quite simply, because in 2019 it was their policy. In fact, it was costed. If you look up the Parliamentary Budget Office, here it is: the Australian Labor Party's costed policy for negative gearing changes and that will raise, even from then, almost $3 billion in additional taxes. So this government cannot tell the truth. They have broken that list of promises. It is costing the Australian people an absolute fortune.

We keep hearing about Nemesis. I can tell you where the nemesis is. He sits behind the Prime Minister; it is the Treasurer. He was quoted as saying 'heads, I win; tails, he loses' if the Prime Minister breaks his promise on stage 3 tax reforms and that is what has happened. So, Prime Minister, the person you need to look for is behind you. He is the one who wants your job, he is the one who wants you out of business and he is the one who is doing everything possible to destroy your reputation and make you look bad before the Australian people. I've got to tell you: he's doing a pretty good job of that but not as the Treasurer.

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