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

Again, I reject the premise of the question. What I would point out to Senator Cameron and the Senate is that the biggest employers of Australia have said that, in their view, the reduction in the corporate tax rate as proposed by the government is urgent and vital to keep Australia competitive. They also said:

If the Senate passes this important legislation we, as some of the nation's largest employers, commit to invest more in Australia which will lead to employing more Australians and therefore stronger wage growth as the tax cut takes effect.

The Labor Party of 2018 has completely walked away from a pro-growth, pro-opportunity agenda. They used to believe in creating opportunities for families to get ahead. No more. They have walked away from creating opportunities for families to get ahead. On this side of the parliament we understand that for families to be successful we need to ensure that the businesses that employ them have the best possible opportunity to succeed and to be profitable into the future.