Senate debates

Wednesday, 27 June 2018

Questions without Notice

Taxation

2:00 pm

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

So, under Mr Shorten, taxes on business will be higher, so there will be less investment, lower growth, fewer jobs, higher unemployment, less competition for workers and, consequently, lower wages. Under our plan, there will be lower taxes on business, which means there will be more investment because we compete for investment with countries around the world. There will be more investment. There will be stronger growth. There will be more jobs. There will be lower unemployment. And, as there is lower unemployment and stronger demand for workers, there will be higher wages. (Time expired)

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