Senate debates

Thursday, 19 September 2019

Bills

Treasury Laws Amendment (Putting Members' Interests First) Bill 2019; In Committee

10:02 am

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) | Hansard source

That wasn't my question, with all respect, Minister. That's the other side of the equation, which I'm happy to deal with and ask you questions on whether you think young Australians and low-income Australians are getting value for money out of this system. I appreciate that's what you're focusing on. But my question is very important. The PBO has quantified for us that $600 million a year of payouts occur in this country to this cohort of vulnerable Australians. Do you agree that's a reasonable quantification? Has the Treasury done any of their own analysis on these payouts? Given we were able to get this kind of data, and what we're dealing with is amendments for a high-risk cohort to stay in this pooled system, what does the data tell us about so-called lower-risk occupations? Surely we should be able to look at the history of payouts under this scheme and determine whether, indeed, it's efficient and necessary to be carving out a high-risk cohort?

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