Nick Champion (Wakefield, Australian Labor Party) Share this | Link to this | Hansard source

The first of July 2017 will be a black day in the short, miserable history of the Turnbull government. It will be the day the practical manifestations of this government's bleak economic policy hit home for every household in the nation. It will be the day when Mr Turnbull hands a 16 grand tax cut to millionaires, when he redistributes the nation's wealth to the very rich. It will be the day this government reveals itself as the millionaires factory, as a bankers government, as an exclusive club. It is also the day that 700,000 retail and hospitality workers will get a pay cut. That will be the day they get a government-sanctioned cut to their penalty rates. After all of the spin and the slogans, after the Treasurer's miserable apology on budget night about low wages growth, this will be the government's real agenda stripped bare: a tax cut for the very rich, for the idle rich; a pay cut for the working poor. It is an assault on the Australian ethos, on the fair go—a black day in the history of a miserable government.

Tony Smith (Speaker) Share this | Link to this | Hansard source

In accordance with standing order 43, the time for members' statements has concluded.