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Tuesday, 14 May 1985
Page: 1872

Senator SCOTT —I address a question to the Minister for Finance. I refer to reports of a speech by a senior member of the Minister's staff, Mr Henderson, to the Queensland University Labor Club on Saturday last. Does he agree with Mr Henderson that, rather than bringing in a broadly based consumption tax, the Government should look at widening the existing income tax base, including the introduction of capital gains taxation and death duties?

Senator WALSH —I am aware of the speech. I had not actually read it before but I knew that it was to be delivered. The tone of that speech was very similar to the speech which Senator Cook gave towards the end of last week and about which I was asked a question last week. The essential message is that all options should be kept open. I would have thought that that was a proposition which would be endorsed by any reasonable person.