George Brandis (Queensland, Liberal Party, Attorney-General) Share this | Hansard source

Thank you, Mr President. I was hoping I might be heard in silence. The low-income super contribution was to be funded from the proceeds of the mining tax. Consistently with its election commitment, the government repealed the mining tax and is abolishing or rephasing the policies that were funded by it. Something that I am afraid that Labor politicians never seem able to grasp is that everything has to be funded from somewhere. This particular measure was funded by another tax, a tax that was a regressive tax that raised very little revenue, so we were elected specifically on a promise to abolish it.

Honourable senators interjecting—