Senate debates

Thursday, 3 December 2015

Bills

Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015; In Committee

5:51 pm

Photo of Cory BernardiCory Bernardi (SA, Liberal Party) Share this | Hansard source

The price was, indeed, this overturning of a party room decision, something that I feel very strongly about. So why I not be supporting the amendment to disclose the tax affairs of private companies. If it is successful, I will not be supporting the passage of this bill. I regret that it has come to this, but the circumstances are the party room have undertaken a position.

I commend the minister who was responsible for it and for shepherding it through this place—Josh Frydenberg worked very hard. To have this sprung on us at the last minute, I think, is not in the best interests of my party and the procedures and policies we work with. I regret very much it has come to this and I also regret the Labor Party will make merry hay over this. It is not about that; it is really about the principles and the processes that need to be endorsed.

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