Matthew Canavan (Queensland, Liberal National Party) Share this | Hansard source

I am not going to take lessons on tax reform from the Labor Party. No-one in their right mind in this country would take lessons on tax reform from a party that has a record of absolute disasters and failures when it comes to reforming our tax system. They were only in government for six years last time, but they presided over failure after failure after failure on tax reform in this country. They put up a mining tax—an absolute failure. Only the Labor Party—maybe with the assistance of the Greens; thank you, Senator Whish-Wilson—could design a tax which raised no money in net terms. It raised some small amount of money, but after compliance costs and administrative costs no money was raised. All the hassle, all the rhetoric and all the rigmarole we went through in this country—