Senate debates

Tuesday, 11 May 2010

Questions without Notice: Take Note of Answers

Research and Development

3:29 pm

Photo of Christopher BackChristopher Back (WA, Liberal Party) Share this | Hansard source

But also, if Senator Cameron would take note, they will potentially share the losses. Mining is a very fraught industry, as we all know. The situation we will have into the future—and the Australian taxpayers need to know this—is that the government have forced themselves on the mining companies and the government will be paying out losses of up to 40 per cent, as mining companies do not always make profits. If ever there has been a widening of the difference between Labor and Liberal, we have it in the way the cake is made. Labor divides up the cake until it becomes crumbs; Liberals grow the cake to improve it for everybody. (Time expired)

Question agreed to.

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