Senate debates

Monday, 29 October 2012

Questions without Notice

Mining

2:27 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

We do agree—and we would be very pleased if the opposition were prepared to agree to this as well—that we need to remove the incentives to increase royalties, and that is why the Treasurer asked the GST distribution review to look at ways to address the issue of states raising inefficient royalties. If the coalition were serious about this issue they might actually approach that review in a more constructive fashion, but I suspect that the day the coalition are constructive is a long way off.

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