Senate debates Questions without Notice

Privatisation


Steve Fielding

Steve Fielding Victoria, Family First Party

2:34 pm

My question is to Senator Minchin, the minister representing the Treasurer. Minister, I draw your attention to the UK government’s recent announcement of an inquiry into the loss of tax revenue caused by high-debt private equity buyouts. Minister, given that Australian taxpayers will lose more than $1 billion in revenue as a result of the Qantas takeover, will the Australian government also investigate the massive tax losses from such deals?

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