The Crest of the Commonwealth of Australia Treasury Portfolio Ministers
Picture of Wayne Swan

Wayne Swan

Deputy Prime Minister and Treasurer

3 December 2007 - 27 June 2013

13 June 2012

Doorstop Interview

Brisbane

SUBJECTS: Prime Minister's Economic Forum, tax reform, State of Origin

TREASURER:      

I'm very much looking forward to the forum today.  It's a great opportunity to get stuck into the big economic issues and to build on our economic strengths which we saw on display last week. Strong growth, strong employment growth, lower interest rates.

JOURNALIST:    

(inaudible)

TREASURER:      

I think we've had a constructive discussion last night, I'm looking forward to a constructive discussion today. Everybody in the room wants the best for Australia, people bring that spirit to the room. I hope we have a forthright conversation today, an exchange of views. I look forward to the conversation, everybody will learn something as we go through the day.

JOURNALIST:    

Treasurer, the NAB Business Survey (inaudible) all that optimistic.

TREASURER:      

Well I think you got to look at the data from last week . I think the data from last week shows that there is strength in the Australian economy. We do know that not everybody is in the fast lane of the mining boom and part of what we'll talk about today is how we spread the opportunities of the mining boom to every corner of our country and indeed that was at the core of the budget that we brought down over a month ago. But there's always more that we can do.

We want all Australians to have a bigger say and a bigger stake in our prosperity, particularly in the Asian Century. We want to make this the Australian Century in Asia and that's why we're here today. The business community, the trade unions, the non-government organisations, we can all work together to make the country stronger and more prosperous and indeed fairer.

JOURNALIST:    

The Prime Minister mentioned company tax last night, but she also mentioned that it would have to be revenue neutral. Do you think there's any prospect of progress ….

TREASURER:      

Well, let's see what people have to say. I've made it very clear, the Prime Minister's made it very clear we'd like to see a cut in the company tax rate but of course that's been opposed by the Liberal Party and the Greens. We'll have a discussion about that.

JOURNALIST:    

Betting on a Blues win?

TREASURER:      

I don't think so mate, I don't think so - Queensland by 50.