Senate debates

Thursday, 10 May 2018

Questions without Notice

Budget

2:18 pm

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

We've done better than that. Instead of providing the information over seven years, we've provided it over the medium term, which is budget year plus 10. Over the budget year plus 10 the cost is $140 billion. This is the latest shifty political strategy by the Labor leader, a Labor leader who wants to increase taxes on every Australian, a Labor leader who wants to increase taxes by more than $220 billion on electricity, driving up the cost of electricity; on small and family business; on investments; on income; on housing; on savings; and on retirees. There is nobody in the Australian community who would be safe from Labor's high-taxing agenda, which would hurt the economy, hurt families and cost jobs. This is all just a great Labor diversion. Labor yesterday was found out. Bill Shorten personally was found out yesterday. The people across Australia know they can't trust him. They know they can't trust a single word he's got to say tonight.

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