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

Unlike the Labor Party, we have a long-term plan. The Labor Party doesn't understand what a long-term plan is all about. We have a long-term plan for stronger growth, more jobs and higher wages. We have a long-term plan for income tax relief for hardworking families, which prioritises low- and middle-income earners in the first instance and which provides cost-of-living pressure relief for low- and middle-income earners in the first instance but which also provides incentive, reward for effort and encouragement to all working Australians. The Labor Party happens to think that anyone who earns more than $95,000 a year is somebody that is among the undeserving rich, because that is the effect of the policy that you've announced today.