Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

In relation to tax policy and the government's fiscal settings, I'm sure that you'll be waiting, as all of us will be, for announcements that the government makes in the budget in the normal way. But our approach on these issues hasn't changed. Our focus is on delivering tax cuts for every taxpayer. The Treasurer, the Prime Minister and the Minister for Housing have acknowledged that there are intergenerational issues in housing and tax, and we've got a big agenda to deal with those issues. Intergenerational equity was, indeed, one of the big reasons behind our tax cuts for every Australian taxpayer—tax cuts that the Liberals and Nationals said, when they went with their big-taxing approach to the last election, they would reverse. That was the position of the Liberal and National parties on intergenerational equity. They wanted to lift taxes for working Australians and lift taxes for ordinary Australians. That was Mr Taylor's proposition, that was Senator Canavan's proposition, to lift taxes for—