Senate debates

Wednesday, 16 June 2010

Questions without Notice

Budget

2:33 pm

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

That is right; we will have Senator Bernardi quoting Chavez in support of his argument. We know that those opposite are opposed to tax reform, and they will trawl, apparently, the world in order to try to find evidence to support their scare campaign. As I said previously, we on this side are supportive of tax reform. We believe that a profit based tax is more sensible and more economically efficient. In fact, you may recall there was a range of submissions to the Henry review, including some from the mining sector, which reflected that. We also believe that the Australian people should get a reasonable share of the income from the resources, which are not renewable, which they own, and we want to invest that to strengthen the economy—

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