House debates

Tuesday, 15 March 2016

Questions without Notice

Budget

2:00 pm

Photo of Chris BowenChris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | | Hansard source

Treasurer, we already know that the budget is scheduled for 10 May. Is that the date the Treasurer will actually deliver it?

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | | Hansard source

I thank the member for his question. The budget is on 10 May and it is going to be very important budget, because it is going to be a budget that is all about supporting Australians and backing them in to make this successful transition in our economy. The transitioning of our economy is the most important challenge facing the country economically, and the way we are going to meet that challenge is by backing investment and ensuring that the investment that drives jobs, the investment that drives growth, can be supported through the budget measures of this government.

Those opposite have very different plan. Their plan is to chase higher and higher levels of spending with higher and higher levels of taxes. Their plan is to tax investment at a time when we need to be ensuring that the investment will flow so the growth will flow and so the jobs will flow, and that will be the focus of the budget on 10 May.