House debates

Wednesday, 17 November 2010

Tax Laws Amendment (2010 Measures No. 4) Bill 2010

Consideration in Detail

5:23 pm

Photo of Bill ShortenBill Shorten (Maribyrnong, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

The coalition members’ shouting does not make this any less true. We have some of the best job numbers of any developed nation in the world. We also, in the time of this government, have increased the pensions for the people who most need increases in support. As for taxation, this government’s record on taxation is second to none. We have implemented tax cuts every budget ever since we came in. We have increased thresholds. We have also lowered company tax from 30 to 29 per cent and it is our intention to support people in their retirement by improving superannuation. These amendments only seek to add to the cost and burden of the administration of the Public Service, and indeed the contributions of the coalition still deny the reality of the strong economic record of this government.

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