Senate debates Questions without Notice

Income Tax


Mathias Cormann

Mathias Cormann WA, Liberal Party, Minister for Finance

2:14 pm

You know, this is another thing that Labor doesn't understand. Labor doesn't understand that nine out of 10 working Australians work for private sector business, and the future job opportunities, the future job security, the future career prospects and the future wage increases of nine out of 10 working Australians depend on the future success and profitability of the businesses that employ them. Labor wants to stand in the way of lower, globally more competitive business tax rates here in Australia. In doing so, Bill Shorten, as the most socialist, antibusiness Leader of the Opposition in the history of the Commonwealth, is standing up for the best interests of big business in the United States, in the United Kingdom and in France. He is helping big business overseas to take investment and jobs away at the expense of working families in Australia. That is what Bill Shorten is doing. He knows it. He is just playing politics because he thinks it's going to get him into the Lodge.

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