November 21, 2017

Liberals say no to Gold royalty increase 2.0

Liberal Leader Mike Nahan said today the Opposition would oppose Treasurer Ben Wyatt’s second attempt to increase the gold royalty.

“In Opposition, Mark McGowan and Labor said they would not increase taxes nor introduce new taxes,” Dr Nahan said.

“It was an unequivocal commitment and it was made following the publishing of the Pre-election Financial Projections Statement, so to say they were well aware of the state of the books.

“This decision by the McGowan Government is not about budget repair but is to pay for Labor’s un-costed, unfunded and unaffordable election commitments.

“Premier McGowan is asking the Parliament to allow him to break one promise in order to fund other promises.

“Labor should not have over-committed at the election.

The Opposition previously opposed the increase in the gold royalty because it would cost jobs and much of the revenue would leak to the eastern states through the GST distribution.

“No amount of window dressing will justify the increase in the gold royalty.

“The Opposition will not support Labor’s increase in the gold royalty.”

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