Senate debates

Wednesday, 19 March 2008

Questions without Notice

Economy

2:28 pm

Photo of Stephen ConroyStephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

The government’s tax cuts are designed to encourage people into the workforce, boosting participation and productivity, which will help fight inflation, unlike the tax cuts proposed by those opposite. Unlike their tax cuts, ours are designed to help boost productivity in the economy. Effectively dealing with inflation means we need to have strategies that assist on the supply side of the economy, not just demand, which is exactly what those opposite were promoting. Skilled labour shortages and labour shortages generally are regularly reported as the greatest constraints on business expansion. It is anticipated that the tax cuts— (Time expired)

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