Senator Cormann says the last budget showed the major bank levy and corporate tax cuts canceled themselves out. Would the proposed tax cuts leave big banks better off or not, Labor asks. "I would recommend to the Senate to take my word ahead of that of the Australia Institute."
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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 "We repealed the carbon tax, so we repeal the compensation that went with it," Senator Fierravanti-Wells says.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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I'd like to see Connie F-V spend a week changing beds & cleaning rooms for a week at her age - women will be unemployed for up to ten years, & have drawn all their meagre super under hardship provisions, by the time they are 70. Glib words from a privileged woman.
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Glib words indeed and very typical of a hard hearted Liberal. Think she owns an investment property plus villa in Italy.
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