Tim Storer (SA, Independent) Share this | Hansard source

My question is to the Minister for Finance, Senator Cormann. As the minister will remember, Treasury secretary John Fraser acknowledged in budget estimates that Treasury's estimates for the performance of the economy are subject to heightened uncertainty and to large error bands three or more years ahead. How, then, is it economically responsible to now lock in more than $120 billion worth of tax cuts, in stages 2 and 3 of your package, when they come into effect four and six years from now?