Senate debates

Thursday, 16 May 2013

Questions without Notice

Budget

2:30 pm

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

Mr President, I ask a supplementary question. How can the government possibly assert that revenue from the mining tax will increase by a staggering 1,000 per cent over the next four years, when the government is predicting at the same time that there will be no major change to our terms of trade—if anything, there will be a slight reduction in our terms of trade—and that the Australian dollar will remain high?

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