Nick Sherry (Tasmania, Australian Labor Party, Minister Assisting on Deregulation) Share this | Hansard source

Firstly, I do not accept Senator Xenophon’s description of the recent package of reforms as ‘empty words’. There was a broad level of support for the recent package of reforms. In one area the reforms only commenced a few months ago, on 1 July. In another area, the additional powers for the ACCC, the reforms will commence next year. The position of the government with respect to other measures was considered in that set of national negotiations and discussions, which has already taken place. As part of that outcome, we have seen legislation and new powers. Part of that outcome, as indicated by my predecessor Dr Emerson, was a three-year bedding-down period to assess whether there were any further requirements on top of—(Time expired)