Nick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

I can say—and I suspect Senator Xenophon would want to say this too—there is no deal or agreement between the Independents, the Greens and the government on a minimum threshold figure for a levy period event. There is no deal. There has been information provided to the Senate committee, I understand, around a minimum threshold and examples of a minimum threshold for practical administrative purposes, for obvious reasons. An event could have two horses I suppose at the barest minimum. Is it practical to levy in those circumstances? There has been no agreement, no deal, with the minors or the Greens on this matter.