Senator WONG (South Australia—Minister for Finance and Deregulation) (14:09): As I have said, Labor understands that securing prosperity today and tomorrow has always required reform and has always required change. As former Prime Minister Keating remarked earlier this year— Opposition senators interjecting— Senator WONG: the pricing mechanism is part of the Labor tradition of change, the Labor tradition of the adaptation of the economy. Those opposite laugh and sneer, but what we know is: when there are significant economic challenges, whether it be pricing carbon or other, those opposite will have no answer. They have no answer when it comes to pricing carbon. They have no answer on the patchwork economy. Their only answer is no. Look at the patchwork economy response from the opposition: these are the people who want mining companies to pay less tax and other businesses, including small business, to pay more tax. And they say they are pro manufacturing jobs! There is an absence of economic reformism on that side of the chamber. (Time expired)