Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

The biggest risk to our economic opportunity into the future would be a return to the discredited policies of the past from the Labor Party, because, of course, Bill Shorten and Chris Bowen were there at the scene of a weakening economy, rising unemployment and a rapidly deteriorating budget position. They were senior ministers in a government that left Australian families worse off on the back of lower growth, weakening growth, rising unemployment and, indeed, a rapidly deteriorating budget position.

Labor haven't learnt any of the lessons. They are going forward again with the same discredited, antibusiness, anti-opportunity higher-taxes agenda which would hurt the economy, hurt families and cost jobs. When they last were in government, they wanted to push up taxes on everything and everyone that moves. They are at it again. More than $200 billion worth of tax increases are already on the table targeting families, targeting business, targeting investment and targeting seniors. Everyone and anyone in Australia— (Time expired)