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along with a roll out of the National Disability Scheme, something the government should have done years ago with the massive revenue that's been created by the Commonwealth Government. The Gonski Report is not a reform, it's a report. It’s a report on the former Education Minister Mrs Gillard. She was education minister; if we're in trouble in education or there’s deficits to be dealt with it's because of her doing. It's a measure of her incompetence as a Minister for Education. The Gonski Report is a report on her, it's not a reform at all, it’s Gillard’s report card and all Australians will be paying to correct that. It also sets out an additional $24 billion for infrastructure investment in 2018/19. This infrastructure should have been invested by the government years ago, their failing to do so held Australia back for many years and cost tens or hundreds of thousands jobs across this nation. The real challenge with these large-scale spending initiatives is execution to ensure that the expenditure actually supports effective, productivity-enhancing outcomes, and this is the challenge in the years ahead that should have been met years ago. Many major corporates will likely be concerned by the government's initiative to protect the corporate tax base and the erosion of loopholes. The range of issues upon which they will be clamping down include multinational structures, consolidation regime, offshore banking units, foreign resident capital gains tax, offshore marketing hubs, restructures, dividend washing and exploration activity. The government is forecasting that addressing these issues will generate $4.3 billion in tax revenue over the forward estimates. Given the challenges associated with previous consultation regarding the mining and carbon taxes, this is unlikely to be achieved. It's a reasonable concern about the government's ability to meaningfully engage across a range of complex, detailed, legal issues. The result is that investment confidence in Australia is destroyed. I warned that would happen if Australia adopted the mining act tax and if it was introduced. It has happened and it was introduced. The budgets says that we’re at the end in the mining boom; the end. It's happened because of a lack of planning, foresight, initiative and incentive of the Gillard Government, and the other side’s not much better as they go along in parity increasing our taxes and not caring about our people. This is because internationally the perception is that the government is a high-taxing government engaged in class warfare and not interested in generating wealth. That means investment that’s available in the international community won’t to be directed at Australia because the government hostile to it. Not only is the government hostile to it, opposition's hostile to it. A basic problem with this budget is it plays the class war. It creates incentives for people to be unemployed, not to be not to be productively employed. It creates incentives for people to be lazy, not to offer themselves in service for the country. We recently celebrated Anzac Day and Australians went overseas not as members of the Liberal Party or the Labor Party, not as members of the upper or lower class, but as Australians. The government should have a responsibility for all Australians and provide for their welfare. Unfortunately, it doesn't seem to care. The budget cancels previous commitments to tax cuts and replaces them with means-tested payments because a team of losers seeks to save themselves from the defeat by creating a political contest in this country of billionaires versus battlers, with the approval of the Labor backbench. We're all Australians regardless of how much we have in life, whether we’re rich or poor, we come from a diverse and important background. 210 The Last Sentry at the Gate: Clive Palmer & the 44th Parliament of Australia


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