Mr BRADBURY (Lindsay—Assistant Treasurer and Minister Assisting for Deregulation) (14:14): I thank the member for Fremantle for her question. Of course, strong economic management is important, and our economy is one of the strongest in the developed world, with low unemployment, contained inflation and low net debt. With a record pipeline of investment and half a trillion dollars worth of investment coming into the resources sector, our economy is one of the strongest in the developed world. And we are returning the budget to surplus in 2012-13 and we will be doing that in a way that spreads the benefits of the mining boom. I am pleased to say that, far from the commentary that we hear from those opposite, this House has already passed a number of significant budget bills. These bills will ensure that we spread the benefits of the boom to hardworking Australians. We have already passed the appropriations bills and we have passed the schoolkids bonus but, of course—no thanks to those opposite—we have always passed a number of important and sensible savings measures. But, of course, those opposite have no interest in supporting families and they have no interest in supporting responsible economic management and returning the budget to surplus. This week we have seen those opposite come into this place and oppose a number of key corporate tax revenue measures. These are important measures that are about protecting the tax base, and they have opposed them. They are measures like the cross-border transfer pricing rules. These are important rules that will ensure that, where corporations seek to shift their profits offshore to avoid paying tax in Australia, we will have rules in place to ensure that they pay their fair share. Those opposite came into this place and opposed these reforms. Mr Billson: His notes are laminated and seaworthy. Mr Pyne: Seaworthy. Mr BRADBURY: Now, if they were serious about opposing these reforms, they would not just come in here and vote against them. What they would do is, they would tell those taxpayers that they would reverse these measures if they are ever elected. The problem is that if they do that then their $70 billion black hole will become $7 billion bigger, because that was the size of the revenue protection measures that they came in here and voted against—the hypocrisy of them—and then they came in and foreshadowed the fact that they will vote against our sensible reforms, to the withholding rate, when it comes to managed investment trusts. They say that they are opposed to a taxation rate of 15 per cent. When they were in power, it was not 15 per cent; it was 30 per cent. We all remember how they fought tooth and nail to oppose our efforts to lower that tax rate. Now they come in here and they cry these crocodile tears. If they are serious, they will make a commitment to repeal these reforms if they are ever elected, but that of course will lead to a $7 billion black hole on top of their $70 billion. The opposition leader talks a lot about a wrecking ball but the only wrecking ball Australians have to worry about is the wrecking ball to their budget. (Time expired) Mr Pyne: Madam Deputy Speaker, I request that the minister table his waterproof, seaworthy notes. The DEPUTY SPEAKER ( Ms AE Burke ): The Manager of Opposition Business will resume his seat. Mr Hunt interjecting— The DEPUTY SPEAKER: Order! The member for Flinders is a perpetual interjector in this chamber, and I want everyone to read standing order 65(b).