Senate debates

Wednesday, 29 February 2012

Questions without Notice

Fiscal Policy

2:35 pm

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

The alternative approach is obviously one where you see a $70 billion black hole and where you have to cut services to Australian households drastically because you have been so undisciplined in the policies that you are promising. One of the things that should be noted is this: the Leader of the Opposition claims that the coalition are the party of lower taxes. They say it is in their DNA.

Senator Abetz interjecting—

Perhaps Senator Abetz would like to explain why their paid parental leave policy is funded by a new tax. The party that claims to be the party of lower taxes wants to say to Australians, 'We don't believe in taxes, but you know what? We're going to whack a bit more tax onto the company sector to pay for a Paid Parental Leave scheme that our party room and our shadow cabinet does not support.'

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