Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

In relation to the question about the quantum, I do not have that information. I will see if I can find whether or not any of that is available. I suspect that the answer will be that the government will update its budget figures—which will include tax-take in the usual way—in the midyear review, which is due before the end of the year. That midyear review will reflect the state of the government's policies and will include the legislative package which was passed by the Senate. I will see if I can provide any further information on that. In relation to the Treasury modelling, it has been very clear on the price impact of a 0.7 per cent CPI increase and that has been the basis of the very substantial household assistance package, which will increase pensions and reduce taxes—which the opposition are opposed to.