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

The point I am making is that if we want to maximise economic growth and opportunities for people to get ahead, we need taxes to be as low as possible—as high as necessary, but as low as possible—to be as efficient as possible and to be the least distorting in the economy as possible. And we will be having a tax white paper review process, which can consider any suggestions on how the tax system can be improved. But I would not lock myself into any particular options at this point, because we have to go through a process. (Time expired)