Penny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source

The government has released a range of figures in relation to the impact of the tax. The reality is those figures are a far cry from the sorts of exaggerated claims championed by those opposite. In fact the government has released figures by Econtech which demonstrate that the introduction of this tax reform will increase long-run GDP by 0.7 per cent, increase long-run investment by 2.1 per cent, increase real wages by 1.1 per cent and expand the resources sector.