Senate debates

Monday, 9 November 2015

Questions without Notice

Taxation

2:01 pm

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

I thank Senator Cameron for that question. I guess the modelling he is referring to is the modelling that has been put into the public domain by the Australian Council of Social Services. The government welcomes and has welcomed their contribution to what is a very important debate about the way our tax system can be improved, moving forward. Right now, the government is involved in a good faith public consultation about how we can improve our tax system, moving forward. It is about how we can ensure—by a better, more efficient and less distorting tax system and by a tax system that encourages people to work more, save more and invest more—that we can strengthen growth in a way that will help deliver lifts in living standards for people across Australia and help increase the level opportunity for people across Australia, and, of course, deliver a growth dividend for government, which will help us continue to afford the social safety net and all of the important benefits and services.

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