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Wednesday, 9 May 2018
Page: 3454


Mr SHORTEN (MaribyrnongLeader of the Opposition) (14:27): My question is to the Prime Minister. Prime Minister, is the total cost of corporate tax cuts over 10 years from 1 July 2018, both legislated and proposed to be legislated by this government, more than or less than $100 billion?

Mr TURNBULL (WentworthPrime Minister) (14:28): This matter has been addressed several times now. By the year 2027-28, the full enterprise tax plan, were it all to be legislated, will have been in full operation for two years. So, asking what company tax receipts will be 10 years from now is effectively asking what will be the profitability of the corporate sector 10 years from now? The medium-term estimates have been provided.

The SPEAKER: Has the Prime Minister concluded his answer?