Mr TURNBULL (Wentworth—Prime Minister) (14:54): The honourable member knows very well, since he put this question to me—or a question along the same lines—earlier in the week, that over the last year we've seen company profits and wages rise by approximately the same amount. Over the last six years, wages have risen considerably more than company profits. The figure he is using has been cherrypicked to take advantage of a spike in earnings because of the commodity boom. Ms Butler interjecting— The SPEAKER: The member for Griffith is warned. Mr TURNBULL: The honourable member is an economist. He understands very well the principles in the 2010 budget papers. He knows very well the Treasury analysis that in 2010 said a one per cent cut in company tax would add 0.4 per cent to GDP. Dr Chalmers: You opposed it. The SPEAKER: The member for Rankin will leave under 94(a). The member for Rankin then left the chamber. Mr TURNBULL: The honourable member can interject as much as he likes, but the reality is that the same Treasury that advised his boss, the member for Lilley, Treasurer at the time, that it would add $450 into the pockets of Australian workers has given the analysis that says the company tax plan we are taking through to the Senate will deliver $750 into Australian workers' pockets. It's exactly the same analysis, probably by the same analysts. There was a time when the Labor Party understood and adhered to economic orthodoxy. It has all been thrown away in this chase after the savings of pensioners and self-funded retirees. To give the honourable members opposite the latest dispatch from their class war, I remind them of what Margaret Sykes, a lady in her 70s, said to me this morning. She said: 'My husband worked five jobs as a young man to make sure we were self-reliant when we were older. He died in 2010, still working, but said before he died that he worked so hard to make sure I was looked after. I'm a self-funded retiree. I have shares to supplement my income. I'm not one of Bill Shorten's millionaires. I don't go on holidays, smoke, drink or dine out; just a person who is not dependent upon Centrelink.' They are the people the Labor Party is after.