Division
John Madigan I oppose schedules 6 and 7 in the following terms: (1) Schedule 6, page 36 (lines 1 to 13), to be opposed. (2) Schedule 7, page 37 (line 1) to page 39 (line 3), to be opposed. Claire Moore We commend our proposition to the chamber. This is important. We wish to stick to the original program and the original legislation in terms of the increase to the superannuation guarantee. I have already spoken about the importance of superannuation to our community and to our economy, and I commend our proposition to the chamber. Mathias Cormann I have made the point previously that this is a tax that has not raised any meaningful revenue. It has a whole lot of unfunded promises attached to it which are not affordable. Any senator who votes to amend this bill to impose measures that are not funded is essentially voting to keep the mining tax. This particular measure would add another $2.6 billion hit to the budget bottom line if it was adopted by the Senate. The government opposes this proposition. The CHAIRMAN: The question is that schedule 6 stand as printed.
Senate, 2014-07-17. affirmative: ayes 35, noes 33.
Question
John Madigan I oppose schedules 6 and 7 in the following terms: (1) Schedule 6, page 36 (lines 1 to 13), to be opposed. (2) Schedule 7, page 37 (line 1) to page 39 (line 3), to be opposed. Claire Moore We commend our proposition to the chamber. This is important. We wish to stick to the original program and the original legislation in terms of the increase to the superannuation guarantee. I have already spoken about the importance of superannuation to our community and to our economy, and I commend our proposition to the chamber. Mathias Cormann I have made the point previously that this is a tax that has not raised any meaningful revenue. It has a whole lot of unfunded promises attached to it which are not affordable. Any senator who votes to amend this bill to impose measures that are not funded is essentially voting to keep the mining tax. This particular measure would add another $2.6 billion hit to the budget bottom line if it was adopted by the Senate. The government opposes this proposition. The CHAIRMAN: The question is that schedule 6 stand as printed.
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