Malarndirri McCarthy (NT, Australian Labor Party, Assistant Minister for Indigenous Australians) Share this | Hansard source

Senator Bragg, I just want to put on the record here that Treasury didn't admit that there was no need for changes in this bill. Treasury is specifically on the record saying that the measure would continue to protect future revenue at risk if the government did not legislate this measure and that existing legislation is not adequate. They note that, if there weren't that legislation, it would send a signal that the behaviour that had been witnessed before the alert issued in 2016 could be allowed to resume. So, yes, we are looking at it in its entirety from here to 2016, and the fact that that loophole was never closed is why we're standing here today.