Julia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

To the member's question, first, the government has no plans to change the design of the MRRT. Second, there is an ongoing process which is well known—and the shadow Treasurer, if he had chosen to inform himself about it, would have known it for some time now—which is that we referred to the GST distribution review issues associated with the interaction of state royalties and the MRRT. They made a set of recommendations and the Treasurer has discussed that. The Standing Council on Federal Financial Relations agreed that the heads of Treasury would investigate a cooperative approach to resolving the issues regarding interaction of state royalties and the MRRT.

So to the shadow Treasurer, who is following the Leader of the Opposition into an inability to keep up with the contemporary economic debate, that meeting between the Treasurer and his counterparts was in December, and the process of—

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