Senate debates

Wednesday, 4 May 2016

Questions without Notice

Budget

2:00 pm

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

The Labor Party really does not like tax cuts which help drive stronger growth and more jobs. This is a tax cut which will help attract additional investment, which will help to increase productivity, which will help to create more jobs, which will help to increase the level of job creation, which will help to increase real wages over time. The costing over the forward estimates is $2.7 billion, and over the medium term it is fully funded and reflected in our medium-term forecasts. I know that the Labor Party does not like lower taxes, I know that the Labor Party does not like more jobs and stronger growth; but this is what this government is actually delivering. (Time expired)

Comments

No comments