Senate debates

Thursday, 16 May 2013

Questions without Notice

Budget

2:27 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Wong. Given that it is now obvious that Labor's complex mining tax is a complete failure, with revenue collections 95 per cent below the Treasurer's original forecast, why should anyone believe the government's latest prediction that revenue from the mining tax will increase by an incredible 1,000 per cent over the current forward estimates?

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