Larissa Waters (Queensland, Australian Greens) Share this | Hansard source

[by video link] The Greens oppose schedule 1 in the following terms:

(4) Schedule 1, item 34, page 12 (lines 2 to 4), subitem (4) to be opposed.

(5) Schedule 1, item 34, page 12 (lines 18 to 20), subitem (6) to be opposed.

Senator Cormann will be pleased to know that these amendments are the ones about indexation, so he can give us the spiel about how that's so very bad, which we all can't wait to hear. These amendments would remove indexation of the federal disclosure threshold. It started off at $13,200 and it's just progressively increased over the years. It's now up to $14,300. It makes a mockery of having a disclosure threshold. These amendments would say that you can't index the disclosure threshold. I commend them to the chamber.