Senate debates

Wednesday, 16 July 2014

Bills

Clean Energy Legislation (Carbon Tax Repeal) Bill 2014, True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2014, True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2014, Customs Tariff Amendment (Carbon Tax Repeal) Bill 2014, Excise Tariff Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) (Transitional Provisions) Bill 2014; In Committee

9:41 am

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

What I also pointed to last week's that Senator Milne and the Greens have got absolutely no credibility on this issue whatsoever, because Senator Milne and the Greens are the party that stand for real cuts in the value of the tax on fuel. The Greens stand for regular real cuts in the value of the tax on fuel. The value of the excise on fuel was about 41.5 per cent in 2001. It is now 25 per cent. The government has said that we want to restore indexation to ensure that the value of the fuel excise keeps pace with inflation. The Greens, extraordinarily and completely inconsistently with their stated policy positions otherwise, have said that they would oppose that particular measure, which is an important measure as part of the budget repair bill. So the sanctimony and the hypocrisy with which these questions are put to us just really put the merit of that question in proper context.

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