Barnaby Joyce (Queensland, National Party) Share this | Hansard source

I will give more information so you can follow this through. In your initial explanatory memorandum that you delivered on the Tax Bonus for Working Australians Bill 2009 you stated—this is probably a good explanation—on page 3 under ‘Financial impact’ that the cost in 2008-09 was $8,150 million or $8.1 billion, and the cost in 2009-10 would be $1 million. In the explanatory memorandum of the amendment that is now before the chamber you talk about a saving by reason of this amendment of $370 million—I imagine that is $370 million off the $8.1 billion, which I will take as making sense—but then you talk about a saving of $65 million off what you have already told us would be a cost of only $1 million.