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

My question is to the Minister representing the Treasurer, Senator Gallagher. Senator Lambie and I have worked with the Greens and with Senator David Pocock to make you an offer. We're prepared to back your changes to the petroleum resource rent tax, with one tweak. We want to do what you're already planning to do, which is capping the use of credits to a company's tax bill. All we're saying is it should be capped at 80 per cent instead of 90 per cent. In exchange, you'll have the numbers to pass your legislation. An alternative way to get your numbers is to support what the Leader of the Opposition has called for and cut the regulation of oil and gas. I know you won't say whether you're going to accept the opposition's demands, so I'll just ask it this way: does the Albanese government believe the oil and gas industry is over-regulated?