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

I take it then that those companies that you read out—unfortunately, I wasn't fast enough to write them all down, but I'm sure I can go back and have a look in Hansardhave been claiming the uplifted petroleum resource rent tax deductions at the 150 per cent rate already. So to all intents and purposes they have been claiming these as designated frontier areas, but this is to avoid potential tax office findings against them. Is that why the Senate is doing this today? I don't quite understand. If it's already been factored in and they've already claimed these deductions, this is just a formality. Is that correct?