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TAXATION LAWS AMENDMENT BILL (NO. 3) 1996

The order of the day having been read for the resumption of the debate on the question—That the Bill be now read a second time—And on the amendment moved thereto by Mr Latham, viz.—That all 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 is of the opinion that:

(1) the Government has substantially increased the tax burden on ordinary PAYE taxpayers;

(2) the Government[quot ]s tax and transfer policies substantially disadvantage women who choose to have both a family and paid work;

(3) the Bill will substantially reduce industry research and development in Australia, thereby eroding our competitive advantages, economic growth and employment creation;

(4) the Bill will damage co-operative companies and especially damage employment, investment and local ownership in regional Australia at a time when the Government has flattened growth and economic activity; and

(5) the Bill further erodes the universal health safety net provisions associated with Medicare and further leads to the creation of a two tier health system in Australia"—

Debate resumed.

Debate adjourned (Mr Williams—Attorney-General and Minister for Justice), and the resumption of the debate made an order of the day for a later hour this day.