Senate debates

Monday, 25 June 2012

Questions without Notice

Mining

2:37 pm

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

First, in terms of the mining tax, the position of the opposition seems variously to be that this is a tax that will end the mining industry and that this is a tax that will not actually raise any money. If it is a tax that will not raise any money, then presumably it will not actually end the mining industry. You cannot even work out which scare campaign is the most convenient, Senator Cormann. You cannot even work out which part of your opposition to this campaign is the most convenient, because you say both that it will end the world as we know it, in terms of the mining industry, and that it will not raise any revenue. I start with making that point, because I think everyone should be very clear about where Senator Cormann is coming from—which is all over the place. He simply wants to say no. It does not matter what the proposition is when it comes to the government's policies. He simply wants to say no. In terms of the revenue that is to be raised—

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