Senate debates

Wednesday, 31 October 2012

Questions without Notice

Budget

2:42 pm

Photo of Christopher BackChristopher Back (WA, Liberal Party) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Wong. I refer the minister to last week's MYEFO, rushed in immediately ahead of advice that the minerals resource rent tax would deliver zero revenue to government coffers in its first three months of operation. Will the minister advise the Senate who in the business community was consulted by the government when deciding to change company tax payments from quarterly to monthly from January 2014 and on what basis the minister and the Treasurer concluded that such a change would not result in an added financial burden for affected companies?

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