Senate debates

Wednesday, 17 June 2015

Bills

Tax and Superannuation Laws Amendment (2015 Measures No. 1) Bill 2015; Second Reading

11:07 am

Photo of Scott LudlamScott Ludlam (WA, Australian Greens) Share this | Hansard source

That is one limb of the argument. All right. I will put some questions to you more formally when we get to the committee stage. But I would have thought that an incentive, no matter how imperfect, that has not been demonstrated to be inflationary, that does incentivise and encourage people to save and makes it easier for first home buyers to get into their first home, I find the rationale for knocking this over with mute support by the Labor Party absolutely mystifying. I will have a bit more to say, as I have indicated, when we get to the committee stage. In the very short time that we have left, I encourage the government—and, failing that, the opposition—to reverse its strange decision to knock this incentive out of the system.

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