Senate debates Questions without Notice

Financial Services


Peter Whish-Wilson

Peter Whish-Wilson Tasmania, Australian Greens

2:24 pm

Mr President, I ask a further supplementary question. The National Farmers' Federation has stated:

… current MIS structures do not promote sound investment decisions in rural and regional areas, and as such have created a distortion of land values and/or commodity markets.

Minister, in light of this will you reconsider the tax engineering and dodgy Liberal-National Party industry development plans that underlie these schemes, beginning with a full review of MISs and the legislation surrounding them in the promised taxation white paper?

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