Senate debates

Wednesday, 31 October 2012

Questions without Notice

Mining

2:06 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

Mr President, I ask a further supplementary question. Given the minister is unaware how many royalty credits have been accumulated so far and how much compound interest on those royalty credits the government expects to accumulate, how can the government possibly estimate the net revenue it expects to collect from the mining tax over the forward estimates?

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