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

The Labor Party has decided to help businesses around the world to take business and investment away from Australia. The Labor Party has made a decision to help businesses overseas lock in their competitive advantage as a result of the decisions in those countries to lower their business tax rates. Do you know what? We are a relatively small domestic market with a relatively small domestic capital market. We compete for capital and for access to markets around the world with businesses around the world. If we make it harder for business in Australia to be successful, we make it harder for Australians to be successful. If we make it harder for the businesses that employ millions and millions of Australian workers—

Senator O'Neill interjecting—