Senate debates

Thursday, 3 December 2015

Business

Rearrangement

9:42 am

Photo of Richard Di NataleRichard Di Natale (Victoria, Australian Greens) Share this | Hansard source

The options, as far as the Australian Greens see them, are quite straightforward. We get nothing if we do not deal with this legislation today, a bit fat zero. If you are News Limited, if you are a big pharmaceutical company, or if you are Glencore, you do not have to declare your accounts. You do not have to demonstrate the amount of tax you pay. We can walk away from this parliament protecting News Limited, protecting the pharmaceutical industry, protecting Glencore, and not allowing them to publish their accounts, or we can pass this legislation. That means, for the first time in this country, those companies with a turnover of more than $1 billion now have to publish their full accounts. Those private Australian companies with a turnover of more than $200 million now have to declare the amount of tax that they pay. What do the Labor Party want? Nothing. (Time expired)

Comments

No comments