House debates Questions without Notice

Family Trusts

Wednesday, 7 February 2024 House of Representatives

Colin Boyce

Colin Boyce Flynn, Liberal National Party

2:44 pm

My question is to the Prime Minister. Farming families and small businesses rely on family trusts to manage their assets. Will the Prime Minister rule out any changes to family trusts or will this just be another broken promise to regional Australians?

Unidentified interjection - Hansard doesn't record who said this

Hon. Members:

Honourable members interjecting—

Milton Dick

Milton Dick Speaker

Order! Members on my right and left will cease interjecting. The Prime Minister hasn't even begun his answer.

Anthony Albanese

Anthony Albanese Grayndler, Australian Labor Party, Prime Minister

2:45 pm

I thank the member for his question but perhaps he should have saved it for the joint party room, because the Nats don't get that position, for reasons I don't quite understand.

He is very loyal to the National Party is the Leader of the National Party; that's true. But she said today on the Today Show: 'I'm not going to play the yes, this is good, no, this is bad, the rule in, rule out. I am not going to do that.'

Milton Dick

Milton Dick Speaker

The member for Herbert will leave the chamber under 94(a).

Anthony Albanese

Anthony Albanese Grayndler, Australian Labor Party, Prime Minister

We have made it very clear what our tax policy is. I did it at the building down the road there. It is called the National Press Club. I did it, clearly. I put forward a clear policy plan that those opposite, including the member who asked the question, I assume, are voting for. I am not sure, but I assume he is voting for our legislation that was moved by the Treasurer yesterday. That is our tax policy. That is what we have put forward. That is what we are legislating here, and that is what those opposite, who spent so much time saying they were going to fight it, they were going to roll it back, are now saying they will vote for.

Milton Dick

Milton Dick Speaker

Order! The member for Hume is now warned. That means no more interjections; otherwise, it will be a repeat of yesterday. Yes, you got it, hopefully.