SKIP TO MAIN CONTENT

Not raising white flag on omnibus: Cormann

Mathias Cormann has not given up on the government's omnibus bill even though there is strong opposition to it, including from the Nick Xenophon Team.

Finance Minister Mathias Cormann warns of CEOs' high salary
Finance Minister Mathias Cormann Source: AAP

1 min read

Published

Source: AAP


Skip to article content

Finance Minister Mathias Cormann has not given up on getting as much of the government's omnibus bill through the parliament as possible, even though it looks like failing when it finally reaches the Senate.

"These conversations are still live, they are still ongoing, I'm certainly not prepared to put up the white flag," Senator Cormann told Sky News on Sunday.

The omnibus bill makes cuts to welfare, while funding child care reform and the national disability insurance scheme.

Senate power Nick Xenophon opposes the omnibus bill because he doesn't believe welfare cuts should be used to fund NDIS.

Instead, Senate Xenophon has proposed raising the Medicare levy.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

"That is not the position of the government," Senator Cormann said.

Senator Cormann said once the government knows how much of its agenda it's been able to get through the parliament, it will make judgements on what it can best do to keep getting the budget back into balance as soon as possible.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world