Penny Wong (SA, Australian Labor Party, Minister for Climate Change and Water) Share this | Hansard source

The modelling is the Econtech modelling which I have previously referred to. I was attempting to be of some assistance to the senator and to give him a specific answer in relation to the agricultural inputs he raised. The advice I have is that these are usually lower profit and, therefore, unlikely to face a higher tax burden under the RSPT, particularly given the replacement of royalties with an RSPT. I also indicate that the government is clearly consulting on this implementation. (Time expired)