Mr FRYDENBERG (Kooyong—Treasurer) (14:45): The hapless member for Rankin, a shadow of a shadow Treasurer, forgets one basic economic fact— The SPEAKER: The Treasurer will resume his seat for one moment. The Treasurer was asked about the differences between the government's taxes and the opposition's taxes. The Treasurer will remain relevant to the question, and that doesn't give the Treasurer a licence to immediately launch into an attack on the member for Rankin. Mr FRYDENBERG: Today, if you're a part-time teacher or a part-time nurse or if you're working in a trade and you earn $60,000 a year, you pay $2,160 less tax under this coalition than when Labor was last in office. You pay $2,160 less tax today than when Labor was last in office. The member for Rankin should know this because it's in the budget papers. When it comes to a tax-to-GDP ratio in 2021-22 we are expecting 22.3, in 2022-23 we're expecting 21.4, because we've legislated significant tax cuts. At the last election the shadow Treasurer stood there with the member for McMahon and advocated for a housing tax, a retirees tax, a superannuation tax and a family business tax. You know what the tax-to-GDP ratio would have been under the Labor Party today? It's 22.3, but it would have been 25.9 per cent. The reality is that every day that we have been in government we have been looking for opportunities to cut taxes. Every day Labor was in government— Ms Murphy interjecting— The SPEAKER: The member for Dunkley will leave under 94(a). The member for Dunkley then left the chamber. The SPEAKER: The Leader of the Opposition on a point of order? Mr Albanese: Yes, Mr Speaker, on relevance. It was a very short question. The Treasurer's given some of the answers, which are both higher than the 21.7 per cent, which was the maximum under Labor, which was the figure in 2008-9— The SPEAKER: Leader of the Opposition, the point of order is not an opportunity to state your policies or past policies. Mr FRYDENBERG: I'd like to help the Leader of the Opposition, because he's never held a treasury portfolio, but the economy is some $500 billion bigger today than when Labor left office. There are some 1.7 million more Australians in work today than when Labor left office. There are some one million more women in work today than when Labor left office. I've got a news flash for the Leader of the Opposition: when more people are in work more people are paying tax and fewer people are on welfare. And I can tell you right now that the company tax rate for small businesses, which motivates those on this side of the House, is 25c in the dollar, which is the lowest level in 50 years. We have legislated through the parliament tax cuts that reform the tax system so that 95 per cent of income earners pay a marginal rate of no more than 30c in the dollar, so if you're earning between $45,000 and $200,000 you'll pay a marginal rate of no more than 30c in the dollar. We can't match the Labor Party for a carbon tax, we can't match the Labor Party for a mining tax, we can't match the Leader of the Opposition on a congestion tax and we can't match the Leader of the Opposition on death duties. But what we can do is cut taxes for Australian families and small businesses, and that's what we do every single day. (Time expired) Dr Chalmers interjecting— Mr Husic interjecting— The SPEAKER: Member for Rankin! Member for Chifley! The member for Chifley will leave under 94(a). The member for Chifley then left the chamber. The SPEAKER: Member for Rankin, I am mindful of precedents that some degree of greater leniency is provided to the front bench, and that is the only reason why you're still sitting there.