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Legislative Council - Fifty-Third Parliament, Second Session (53-2)
2017-07-04 Daily Xml
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State Economy

The Hon. R.L. BROKENSHIRE (15:25): Supplementary, based on the minister's answer: is the minister categorically ruling out that his big bad bank tax will not be passed on to small and medium-sized businesses, farming families, pensioners, young people and families? Are you ruling that out, based on your answer—yes or no? Tell the facts!

The Hon. I.K. Hunter: You don't understand a thing about it.

The Hon. R.L. Brokenshire: Mate, I understand a lot.

The PRESIDENT: Order!

The Hon. K.J. MAHER (Minister for Employment, Minister for Aboriginal Affairs and Reconciliation, Minister for Manufacturing and Innovation, Minister for Automotive Transformation, Minister for Science and Information Economy) (15:25): I thank the honourable member for his question and his continued support, for some reason, again for the top end of town. What I can say is that we support absolutely the initiatives in this budget to help South Australian businesses: a $200 million Future Jobs Fund, and grants and loans to small and medium-sized businesses in this state to support jobs.

The Hon. Robert Brokenshire keeps wanting to support the top end of town, to protect the super profits the banks make, even though his former party, the Liberal Party, in their federal budget deliberations, told us that the big banks are undertaxed to the tune of $4 billion. So, again, I am happy to be on this side of the argument.

Members interjecting:

The PRESIDENT: Order!

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