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

I've noticed the Treasurer said that the government's proposed change is going to mean offshore oil and gas pay more tax, but if these companies are being prevented from using some of their credits to pay their tax bill, and those credits carry forward, won't they just have tax-deductible credits for longer? In other words, over the life of a project won't every company pay the same amount of tax that they would have paid without this change?