Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer him to his statement yesterday that he had not reduced his mining tax revenue estimates by $3 billion because the New South Wales government 'haven't told us what they're going to do'. I refer the Treasurer to this year's New South Wales budget papers which show the increase in state royalties. I refer the Treasurer to this press release from the Premier of New South Wales confirming the royalty increase. I further refer the Treasurer to the front page of the Daily Telegraph today saying New South Wales will be penalised for increasing royalties—seen by a million people. Treasurer, when will you come clean with the Australian people and explain where the missing $3 billion on the mining tax is coming from?

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