Senator SHERRY (Tasmania—Minister Assisting on Deregulation and Public Sector Superannuation, Minister for Small Business and Minister Assisting the Minister for Tourism) (14:39): I have outlined a very extensive series of tax cuts that flow from the introduction of the mining tax—a tax which the Liberal and National parties say they oppose. They are going to vote no to that mining tax. If the Liberal and National parties are to support this whole range of measures, and they apparently say they do—tax cuts for superannuation, tax cuts for small business, cuts to company tax—they are going to have to find the revenue from somewhere else if they carry out their promise, if they are elected to government at some time in the future, to reverse the mining tax. Consequently, we have a confession from the Liberal and National parties. Mr Hockey, the so-called shadow Treasurer, admits they are going to have to find $70 billion in cuts. They cannot have it both ways. They cannot come in here and oppose, and pledge to reverse, the mining tax and at the same time support tax cuts for small business and superannuation. (Time expired)