Page 66 - Week 01 - Tuesday, 9 February 2016

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MADAM DEPUTY SPEAKER: Order! Sit down, Mr Barr. Mr Smyth, may I suggest that if you have a question about this tomorrow that you raise it in question time. Otherwise—

Mr Doszpot: On a point of order, Madam Deputy Speaker. Mr Smyth is answering Mr Barr; so Mr Barr is actually provoking Mr Smyth. Could you warn him?

MADAM DEPUTY SPEAKER: Mr Doszpot, I do not think Mr Smyth has the opportunity to question again—

Mr Doszpot: He is just an innocent victim.

MADAM DEPUTY SPEAKER: Mr Doszpot, would you like us to just finish now and both of you go upstairs?

Mr Doszpot: No.

MADAM DEPUTY SPEAKER: Right, then let Mr Barr finish what he is saying and there is opportunity tomorrow during question time, if you wish, to get more clarification on this matter. Thank you, Mr Barr.

MR BARR: Thank you, Madam Deputy Speaker. So, yes, fresh from consulting the intergalactic economists that provide advice to the Canberra Liberals on economic policy, let me bring it back to the world and to Australia and to what the leader of his own party has to say in relation to tax reform:

There are tax reform changes, particularly at the state level which every economist will tell you would give you a very significant lift to GDP.

The Prime Minister went on to say:

For example, if you were to replace stamp duty on property transactions, and replace it with a land tax, a general land tax, there isn’t a tax economist or theorist in the country that wouldn’t tell you that would be a good move, because taxes on transactions like sales of property obviously inhibit trade, they slow down economic activity.”

“Everyone understands that,” the Prime Minister said—except for the shadow treasurer here in the ACT.

MADAM DEPUTY SPEAKER: Mr Barr, would you please not bait the shadow treasurer on the other side.

MR BARR: Thank you, Madam Deputy Speaker. The Prime Minister continued:

Everyone understands that. So that would get a policy tick.

Thank you, Prime Minister. He went on to say:

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