Mr MORRISON (Cook—Treasurer) (14:38): I thank the Prime Minister for the opportunity to respond. I'll answer the member with his own words, which were, as we recall, when he was talking about DisabilityCare, a scheme which is overdue in Australia. I'm glad the opposition, to give them credit, has come onboard to support it. He was referring, of course, to us when we were in opposition: It was not easy to introduce. We took it to the Productivity Commission. They gave a report on how it should be done. We did have to increase tax to pay for it, increase the Medicare levy. That's something that was very controversial when we did it but I think the right thing to do because all Australians would recognise that as a decent, compassionate nation, it is the right thing to do now. It is overdue. What a hypocrite the shadow Treasurer is, Mr Speaker! What a pathetic hypocrite! Mr Bowen: What are you talking about? Mr Speaker— The SPEAKER: The Treasurer will withdraw. Mr MORRISON: I withdraw, Mr Speaker. But, through you, Mr Speaker, he cannot run or hide from the fact that the shadow Treasurer, on this matter, has had more faces even than the Leader of the Opposition. They're all around; they look in every direction—every single direction! What the shadow Treasurer is seeking to do to the Australian economy is to tax it within an inch of its life—more than $200 billion in higher taxes. And I've only talked about the ones they've announced so far. I notice today that the shadow Treasurer is out there quoting Per Capita research; The cost of privilege, it's called. He basically says that a person owning an investment property—one in five police officers and 38,000 nurses—is engaged in some sort of tax rorting. If a retiree is simply getting a tax refund because of the dividend imputation system, then apparently this is a big rort. The insult from the Leader of the Opposition and the shadow Treasurer is to treat these Australians with contempt and tell them that they're somehow cheating the tax system. But what he doesn't refer to in the Per Capita research today is that that research that he's referring to, which is apparently the cost of these great privileges and loopholes, includes an estimate of the cost of the CGT exemption for family homes. And, as he goes around and quotes research from the Grattan Institute when it comes to the issue of their retirees tax, let's not forget that it's the Grattan Institute themselves that want to include the family home in the assets test for the pension and also to apply capital gains tax to the family home. This Leader of the Opposition is off the leash on tax.