Senate debates Questions without Notice

Privatisation


Steve Fielding

Steve Fielding Victoria, Family First Party

2:34 pm

Mr President, I ask a supplementary question. I thank the minister for his answer to the first part of my question. Minister, with private equity sharks encircling major Australian companies like the Coles group and Qantas, and given the importance of tax revenue to Australia, why has the government agreed to tax treaties which limit our tax take on money going overseas to just 10 per cent?

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