Sarah Henderson (Corangamite, Liberal Party) Share this | Link to this | Hansard source

That is the sort of arrogance we hear from those opposite. Last night, the Turnbull government released our economic plan for jobs and growth. This is a national economic plan which drives investment in innovation and science and our defence industry and exports, delivers tax cuts and tax avoidance crackdowns and invests more in health, education and roads. In Corangamite, there is another $30.6 million for roads, including $25 million for the Great Ocean Road and $1.5 million for a regional women's rehabilitation facility to treat ice addiction. There are tax cuts for small business to drive jobs, $840 million for a life-changing youth employment package, support for low-income earners to help them save for their retirement and a reduction in generous superannuation concessions for wealthy Australians.

Consider the Labor plan. Their housing tax will affect 7,134 people who negatively gear an investment property in Corangamite. Two-thirds of them have a taxable income of below $80,000. There are 10,396 homes being rented to people living in Corangamite. Rents will go up and they will suffer under Labor. If that damage was not enough, consider the renamed carbon tax—a tax on manufacturing, on jobs and on electricity. In contrast to the member for Corio, the Liberal candidate for Corio, Richard Lange, opposes this carbon tax, which is bad for the people of Corio, bad for the people of Corangamite and bad for our nation. (Time expired)