Senate debates Questions without Notice

Budget


Kim Carr

Kim Carr Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research

2:00 pm

What we have considered is the detailed modelling that has been produced for the government by KPMG which highlights that, rather than being a negative for the Australian economy, this measure will be a major positive for the Australian economy. This is a measure that will enhance the international competitiveness of Australia, and we take the very strong view—as does the Australian Treasury—that this is a tax reform that will see a growth not just in the mining sector but because of the measures that this—

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