#SenateQT kicks off with a question on company tax cuts: can the big four banks expect to save $9.5 billion? Finance Minister Mathias Cormann bats it away with reference to the major bank levy and the need for uniform tax rates across all businesses. #auspol
"Although Senator Watt continues to pursue a hypothetical line of questioning, I will say that many on the crossbench engaged constructively on this," Senator Birmingham says. "Many want to explore policy ideas to rebuild vocational education from the failures of those opposite."
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Greens Senator Janet Rice asks government to rule out logging in national parks under renegotiated of regional forest agreements. Response: "The Australian government supports a strong forestry industry in this country, and we support sustainable use of our forestry resources."
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Senator O'Neill asks how it is fair to cut the energy supplement to pensioners. "We repealed the carbon tax, so we repeal the compensation that went with it," Senator Fierravanti-Wells says.
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Labor Senator Lisa Singh asks the finance minister how it's fair to hit ordinary workers with higher taxes while giving big businesses a tax cut. "We are pursuing reforms of business tax arrangements because we care about working families around Australia," Senator Cormann says.
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Senator Cormann says 90 per cent of Australian workers are employed in the private sector. "Their future job security, their future career opportunities, their future wage increases depend on the future success and profitability of the businesses that employ them," he says.
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