Senate debates

Thursday, 22 June 2006

Fuel Tax Bill 2006; Fuel Tax (Consequential and Transitional Provisions) Bill 2006

In Committee

7:58 pm

Photo of Lyn AllisonLyn Allison (Victoria, Australian Democrats) Share this | Hansard source

I do understand that. There are some assumptions made in the years out because, it is true, we do not know what the gate price is. The assumption is that the gate price for biodiesel will be relative to diesel. That may produce some inaccuracies and you may have a better idea than I do about the likely relativities of the increase in biodiesel and diesel over the coming years. Nonetheless, if we can agree to assume that the gate price remains the same—and I agree that is unlikely, but we are interested in the relativities, not in the actual price—and if we can agree that those assumptions can be used to look at the question of whether biodiesel becomes more expensive than diesel, can you confirm that those figures are correct?

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