Nick Sherry (Tasmania, Australian Labor Party, Shadow Minister for Banking and Financial Services) Share this | Hansard source

I want to make a few comments about the contribution of Senator Joyce from the National Party. Firstly, as I outlined in my contribution to the second reading debate, Labor will on balance be supporting schedule 4, despite our concerns over the failure to provide the costings that were requested—indeed, costings that were part of questions placed on notice before the committee hearing. But, on balance, we believe schedule 4 should be supported. We will obviously be opposing the proposal moved by Senator Murray to delete schedule 4—that is what the amendment does. I point out that that is a blunt approach and it would remove what I think are the uncontentious areas of schedule 4 which actually improve the collection of tax revenue.