Peter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

I have a couple of questions, Minister. Firstly, you mentioned, in response to Senator Cameron, what this is going to cost. I'll be a little bit more specific with my question: what is excluding the banks or ADIs over $500 billion going to cost your revenue projections? You said that was all in the explanatory memorandum, but I can't find any dollar figures in the explanatory memorandum at all. And could you explain to the Senate why you've chosen $500 billion as your cut-off point for a large ADI, when, for the purposes of legislation around the bank levy, a large ADI was $100 billion? Why the difference in this legislation versus what we saw in the bank levy?