Senate debates

Monday, 15 June 2015

Bills

Tax Laws Amendment (Small Business Measures No. 1) Bill 2015, Tax Laws Amendment (Small Business Measures No. 2) Bill 2015; In Committee

10:58 am

Photo of Christine MilneChristine Milne (Tasmania, Australian Greens) Share this | Hansard source

I want to follow up on Senator Cormann's comment with respect to the assumptions underpinning the government's calculation in this regard. Senator Cormann said a moment ago that the revenue loss was expected to be in the vicinity of $1.8 billion forgone. Can the minister explain what are the assumptions underpinning the calculation of $1.8 billion as the cost to Treasury.

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