Senate debates
Wednesday, 24 June 2026
Questions without Notice
Taxation
2:30 pm
Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) | Hansard source
Well, the borrowing arrangements are not—
Well, I'm just making the point that in fact I think the reason that there was concern raised by the Council of Financial Regulators and the Murray financial system inquiry was the effect or the potential risk of these arrangements to retirement savings. But I'm very happy to talk about tax, Senator, because I would make the point that at the last election you went to the election advocating $75 billion more in higher personal taxes, $14 billion in higher taxes on the resources and manufacturing sectors through the abolition of the production tax credits, higher taxes on motorists, higher taxes on housing construction, higher student debts, higher power bills and more expensive training courses—because you wanted to abolish free TAFE. So we're very happy to have a tax argument with you, Senator.
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