Senate debates

Wednesday, 31 October 2012


Australian Charities and Not-for-profits Commission Bill 2012, Australian Charities and Not-for-profits Commission (Consequential and Transitional) Bill 2012; In Committee

11:08 am

Photo of Rachel SiewertRachel Siewert (WA, Australian Greens) Share this | Hansard source

I thank the minister for her answer. I have a similar question in terms of the thresholds for small, medium and large entities. Another point of very significant debate during the various committee inquiries was whether those sizes were appropriate. You have a number of organisations that are just over $1 million and some that are hundreds of millions of dollars. That group seems to be very wide. It is the same with small organisations. There is some concern about the definitions of small and medium organisations. When I subsequently looked into it and talked to various organisations I did not hear any better examples. The other examples raised also raised their own issues. I was persuaded to the argument that it is best to see how it runs for the time being and then maybe amend it in the future. Again I am seeking a commitment that specifically that issue will be looked into as part of the process of reviewing the operation of the act.


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