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4       Treasury Laws Amendment (Tax Relief So Working Australians Keep More Of Their Money) Bill 2019

A message from the House of Representatives was reported transmitting for the concurrence of the Senate the following bill:

Message no. 1, dated 3 July 2019—A Bill for an Act to amend the law relating to taxation, and for related purposes.

The Minister for Finance (Senator Cormann) moved—That this bill may proceed without formalities and be now read a first time.

Question put and passed.

Bill read a first time.

Senator Cormann moved—That this bill be now read a second time.

Debate ensued.

Senator Gallagher moved the following amendment:

At the end of the motion, add “but the Senate is of the opinion that:

                          (a)      measures that begin in the 2024-25 financial year should be removed from the bill because it is not responsible to sign up to $95 billion of tax cuts that do not come into effect for five years; and

                          (b)      the Opposition’s plan would support the economy now, providing income tax relief to every Australian worker from the 2019-20 financial year and bringing forward infrastructure investment”.

Debate ensued.

At 11.45 am : Debate was interrupted while Senator Waters was speaking.