Page 3506 - Week 11 - Thursday, 15 November 2007

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Reducing tax is of fundamental importance to encouraging productivity and producing long-term economic growth. It is a policy that will pay dividends not just to workers who can take home more of their pay cheque but to future generations who benefit from increased economic growth. Sadly for the Labor Party, Australian workers have already benefited from tax cuts under the current government, but this year workers would have noticed that their after-tax pay had increased, fortunately, I should say, due to existing tax cuts undertaken by the Australian government. Workers will be awaiting eagerly further tax cuts which will result in further increases in their take-home pay.

But where does the Labor Party stand on this issue? They say that they have largely adopted the policies of the Australian government; they are just adopting it a bit slower, delaying the tax cuts so they can spend more and more. I think the people of Australia are going to have stark contrasts in their choices on Saturday week in relation to tax policy.

Question resolved in the affirmative.

The Assembly adjourned at 5.45 pm.

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