Senate debates

Monday, 9 November 2015

Questions without Notice

Taxation

2:04 pm

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

I have already pointed to one flaw in the NATSEM modelling. In the end, with this sort of modelling it all depends on the assumptions you are making. At this point in time, the government has not made a decision on a particular tax reform proposal, moving forward. We are considering, with an open mind, all of the options that have been put forward in the course of the tax reform discussion paper process. Like ACOSS, the government is of the view that all options to strengthen the tax system should remain on the table and be properly considered and assessed. At some point in time, over the next few weeks or months, when all of the information has been properly assessed and considered and all of the implications have been properly worked through, the government will make a decision on the best way forward. Our focus will be on pursuing tax reform, which will help us strengthen the economy, strengthen growth, create more opportunity and ensure that the important benefits and services provided by government are sustainable. (Time expired)

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