Jacqui Lambie (Tasmania, Jacqui Lambie Network) Share this | Hansard source

We can talk about this all night if you like. Quite frankly, where you're sitting right now, you should have an answer to that. Basically, ASIC told parliament that the lack of availability of public financial reports for exempt companies reduces transparency about possible indicators of tax avoidance or tax minimisation. I don't think I can say it any more clearly than that. Okay? It's reported. It's done. It's true. And in the meantime you have completely ignored that. Why has the government ignored ASIC's advice? We're talking about tax avoidance here, and I can tell you people have had enough of this sort of rubbish! ASIC itself is concerned about what is going on with these top 1,000 companies, many of which would be your donors. We have a problem here, and Australians have woken up to you. It's not going away. So please answer the question: why is it so important for ASIC but it's not important to the Liberal Party when it comes to transparency and tax avoidance? We've got a health crisis and an education crisis, and you're out there saying we cost too much money, yet you're sitting there letting these companies get away with tax avoidance.