Senate debates

Thursday, 4 July 2019

Bills

Treasury Laws Amendment (Tax Relief So Working Australians Keep More Of Their Money) Bill 2019; In Committee

6:38 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Leader of the Opposition in the Senate) Share this | Hansard source

So the economy is going to grow when interest rates are one per cent and growth is where it is? You're presiding over a struggling economy; that is the reality, and that is why we are prepared to support the tax cuts at stage 1 and stage 2. Your answer on stage 3 is: 'The economy will be bigger.' You are forecasting a reduction in government spending as a proportion of the economy, and you won't tell Australians where that's coming from.

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