Senate debates

Wednesday, 13 November 2013

Questions without Notice

Budget

2:30 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Leader of the Opposition in the Senate) Share this | Hansard source

My question is to the Minister for Finance. Can the minister confirm that since the election the government has determined to provide $8.8 billion to the Reserve Bank to give a tax break to Australians with superannuation balances around $2 million and to reopen tax loopholes enabling profit shifting and other tax minimisation behaviour by large companies? Can the minister advise the Senate what is the impact of these decisions over the forward estimates?

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