Senate debates

Monday, 5 February 2018

Questions without Notice


2:17 pm

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

Repeating a lie again and again doesn't make it the truth. There is no $65 billion tax cut for big business—as Senator Cameron would well know, because he was in the chamber when we voted on it. Nearly half of the 10-year enterprise tax plan will add to small and medium-size businesses, and that has already been legislated by this Senate. Small and medium-size businesses across Australia are waiting to see whether Labor will jack up taxes on them and the people they employ, or what their position is going to be. Right now in relation to half of this there's actually no Labor Party position, as far as I'm aware. So Senator Cameron should really desist from misleading the Senate and misleading, through the Senate, the Australian people there. There is no $65 billion tax cut for big business.


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