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Senate Committee goes where Joe Hockey won’t - tax concessions

Media Release
Richard Di Natale 19 Jun 2014

The Senate Select Committee into the Abbott Government’s Commission of Audit has today handed down its final report, which focused primarily on tax concessions.

Australian Greens Senator and Chair of the committee, Dr Richard Di Natale said that the report exposes how much money could be saved without making life harder for the most vulnerable people in our community.

“The budget tells you everything you need to know about the Abbott Government’s values and priorities,” said Senator Di Natale.

“Despite the fact that Australia has the highest levels of tax expenditures in the world, neither Joe Hockey or the Commission of Audit thought it was fertile ground for savings.

“Australia spent $115 billion on tax concessions in 2012-13, which was the equivalent of 7.5 per cent of GDP. To put that in context, total government spending in that year equalled 23.5 per cent.

“Budgets are about more than just numbers, they are about choosing what sort of country we want to live in.

“Rather than asking Gina Rinehart to pay the same as everyone else for her fuel, the government chose to ask everyone to pay more to see a doctor. Rather than curtailing the generous superannuation concessions, the government chose to slash spending on schools and hospitals.

“If Joe Hockey really thinks his budget is fair then he should explain why the most vulnerable in our community are being slaughtered so that tax handouts to the big end of town are spared yet again?”

The final report from the Senate Select Committee into the Commission of Audit can be found here:http://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Abbott_Governments_Commission_of_Audit

 

 

Media Contact – Andrew Blyberg 0457 901 600

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