Senate debates

Tuesday, 27 March 2018

Questions without Notice

Taxation

2:23 pm

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

Here is where the bipartisanship between the Greens and the coalition comes back together. The Labor Party has lost all credibility. In government, there was no-one more eloquent in making the case for business tax cuts than Bill Shorten. When they were in government there was nobody more eloquent in criticising the Greens' position to limit business tax cuts to small business. But of course then they opposed it because—you know what?—it became our policy in the 2016-17 budget. They actually know, in their heart of hearts, that making sure that Australia can be globally competitive and our businesses can be competitive is the right thing to do by Australia. But Bill Shorten isn't interested in what is in the public interest. Bill Shorten is only interested in the politics of the situation. But of course he has backed in our business tax cuts for businesses to $50 million in turnover, which he fought tooth and nail last year. Nobody can take Bill Shorten seriously. (Time expired)

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