Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

I didn't speak to the amendments on sheet 1596, because I understand they have been moved together, but I would just put on the record that the government will also support the amendments on sheet 1596. The amendments align with the government's multinational tax transparency election commitments. Transparency is a key factor underpinning the integrity of the tax system. These amendments are a targeted and balanced tax transparency initiative and will provide enhanced public scrutiny on corporate information, which will help to change how corporates view their tax obligations.

I would also just say, in conclusion, that it would be remiss of me not to acknowledge former senator Rex Patrick and his support for amendments like this; in fact, I think he moved them to every Treasury law amendment bill under the previous government! So I'm sure that he will be very pleased to see this amendment pass, and I acknowledge the efforts he took to try and put these arrangements in place.