Senate debates

Wednesday, 5 March 2014

Bills

National Health Amendment (Simplified Price Disclosure) Bill 2013; In Committee

10:25 am

Photo of Fiona NashFiona Nash (NSW, National Party, Assistant Minister for Health) Share this | Hansard source

I indicate to the chamber, to provide some clarity, that it is not a saving. The legislation is simply shortening the time frame and bringing forward, from an 18-month period to a 12-month period, when those impacts would occur. I think it is very important for senators to be clear that this is a time frame issue—that these impacts were going to occur anyway under simplified price disclosure. They are now happening in a shorter time frame, with the reduction to 12 months under the legislation.

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