Malcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is addressed to the Assistant Treasurer. On page 10, paragraph 71, of the regulatory impact statement relating to Fuelwatch, the Treasury lists seven elements of compliance costs which together make up the very substantial, nearly $4,000 per business, compliance cost associated with Fuelwatch. Only one of those seven is affected by the minister’s change in policy. The other six remain. Can the minister credibly justify to this House that there will be no compliance costs whatsoever on small business in the petrol-retailing industry as a consequence of this bill?

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