Mr SWAN (Lilley—Deputy Prime Minister and Treasurer) (14:12): I thank the member for La Trobe for this very important question. As we saw last week, the Australian economy continues to grow, and this is despite the turbulence we have seen particularly in Europe. We do have a very big investment pipeline in this country. Capital expenditure figures that were out last week showed that business is planning to invest a staggering $164 billion this year, and that is set to increase to $173 billion next year, which is a 28 per cent increase on the estimate last year. Much of this investment is in resources. We understand that not everybody in our economy is in the fast lane of the resources boom and that there are many companies, particularly small businesses, that are not in that fast lane. That is why we must have the minerals resource rent tax and why we must use the stream of revenue from that tax to give some incentive and some extra lift, particularly to our struggling small businesses that are not in the fast lane of the mining boom. That is why we have brought this legislation out for public consultation and why we will be bringing this legislation to the House for passage through this House and through the Senate—because this will deliver a tax break for hundreds of thousands of small businesses in this country. What does the Leader of the Opposition have to say about all of this? He says no. He says: 'No, I can't support that. No way could I support that sort of sensible legislation.' Why does he say no? Why is he constantly saying no? Because he believes that Gina Rinehart and Clive Palmer should get a tax cut, not struggling Australian small businesses, so shame on the Leader of the Opposition. The SPEAKER: The Treasurer will return to the specifics of the question. Mr SWAN: The party of Menzies, supposedly the party of small business, is opposing in this House tax cuts to 2.7 million small businesses in terms of the instant asset write-off and this very important legislation which will come to the House. So I challenge all of those opposite to support this legislation in the House because it is vital to economic growth in this country. That is why we on this side of the House are so committed to tax reform which taxes the superprofits of the most profitable companies in the country and spreads it to every postcode across the country. That is what it does as— Mr Randall: Mr Speaker, I rise on a point of order. Is it relevant for the Treasurer to have such a morbid fascination with Gina Rinehart? The SPEAKER: The honourable member for Canning will remove himself from the chamber under the provisions of standing order of 94(a). The member for Canning then left the chamber. Mr SWAN: It is a very important issue because the Leader of the Opposition wants to write an 11-figure cheque to Gina Rinehart and others like her. That is why this is such an important element of public policy. We on this side of the House want to spread the opportunity right around our country. Opposition members interjecting — Mr Pyne: Scumbag! The SPEAKER: The honourable member for Sturt will remove himself from the chamber under the provisions of standing order 94(a). I specifically heard him use the word 'scumbag'. Before he goes he will go to the dispatch box and withdraw that term. Mr Pyne: Mr Speaker, I withdraw and I apologise for describing the Treasurer as a scumbag. The member for Sturt then left the chamber.