House debates

Thursday, 4 June 2026

Bills

Treasury Laws Amendment (Tax Reform No. 1) Bill 2026, Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026; Second Reading

9:12 am

Photo of Tony PasinTony Pasin (Barker, Liberal Party, Shadow Minister Assisting for Fisheries and Forestry) | Hansard source

I'll take the interjection. I can tell you, when it was sale time in my mother's business, we were there till midnight and after, reducing all the prices, praying that people would buy those goods. In any event, those opposite, having done none of that work in the businesses and small businesses across Australia, want to take a 47 per cent stake.

That's why—and perhaps I can end where I began—the Prime Minister of this country, when he goes to the football, when he goes to the tennis and when he goes to other places, is a little surprised by the response he gets from ordinary, everyday Australians and why those opposite are having to embark on these history-making, world record tax increases. It is because those opposite are addicted to spending. If they run out of money, as Labor has traditionally done and has done again now, they come after yours—the businesses of Australia—and that's exactly what's happening here.

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