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Monday, 2 March 2015
Page: 1663

Second Reading

Cognate debate.

Debate resumed on the motion:

That this bill be now read a second time.

to which the following amendment was moved:

That all the words after "That" be omitted with a view to substituting the following words:

"whilst not declining to give the bill a second reading the House notes that:

(1) the 2014-15 Mid-Year Economic and Fiscal Outlook showed a $44 billion blow-out in the budget deficit over the forward estimates from the 2014-15 Budget, which represents a $202 million blow-out in the Budget deficit by the Government each and every day;

(2) Government debt is higher now than it was when the Government took office;

(3) the Budget bottom line in the Mid-Year Economic and Fiscal Outlook incorporates a series of broken promises, including: the introduction of the GP tax, increasing the petrol tax, cuts to pension indexation, $6,000 cuts to a typical Australian family, plans for $100,000 university degrees, cuts to the ABC and SBS, and a $11.3 billion cut from foreign aid;

(4) the Government continues to undermine business and consumer confidence with its unfair Budget, which are now below the levels at the 2013 Federal Election; and

(5) the Government's failure to have a clear plan for economic and jobs growth has led to the unemployment rate increasing to its highest level since August 2002, when the current Prime Minister was the Minister for Employment and Workplace Relations."