Senate debates

Wednesday, 31 October 2012

Questions without Notice

Budget

2:44 pm

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

I have already indicated that this was a budget decision. That decision was made, as most budget decisions are—and some of my colleagues may confirm this—on the basis that they are announced on the day of the budget or of the budget update. I can get further information on the Business Tax Working Group process. But, as you know, that was dealing with a different issue. Despite the shadow Treasurer's attempts for a few days to say otherwise—I think he has now backed off because he realised it was unreasonable—despite the fact that there was an assertion that this meant more tax, it is not the case; it is simply a change in the way the tax is paid. Again, it is the Liberal Party—

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