QUESTIONS WITHOUT NOTICE

Mr TIM WILSON (Goldstein) (14:15): My question is to the Treasurer. This week economist Richard Holden described Labor's CGT changes as 'a productivity-seeking missile that identifies the most dynamic, highest growth, job-creating businesses and taxes them at huge rates upon sale'. Today's national accounts show the sharpest fall in productivity in almost two years, with productivity down by more than five per cent on Labor's watch.

Treasurer, why is Labor introducing a productivity tax during a productivity crisis?