Senate debates

Thursday, 24 June 2021

Questions without Notice

COVID-19: Economy

2:13 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Finance) Share this | Hansard source

Indeed, our government has invested significantly in having lower taxes to help ensure households and businesses can drive the economic recovery of Australia, because we know that a genuine economic recovery comes from Australian business. It comes from policies that support business to invest and to hire more people—more Australians. That's why our government has got a commitment to lower income taxes. We can guarantee that we will deliver those lower income taxes now and into the future. Those on the other side won't make that same commitment to lower income taxes. We have delivered lower taxes for Australian businesses to encourage investment. Those on the other side have always stood against lower taxes when it comes to investment. Of course, Australians can be thankful that we won the last election and are implementing those lower tax policies, or else we would have seen $387 billion of additional taxes that those opposite took to the last election implemented at precisely the wrong time for Australia, which would have jeopardised— (Time expired)

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