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

I want to come back to the PBO costing the Greens had, which suggested that, if the bill went through unamended, $600 million per annum would be denied in payouts to this most vulnerable cohort. They're real numbers that the PBO has been able to obtain from industry sources. Minister, does $600 million per annum—nearly $6 billion over 10 years—strike you as a lot of payments? You mentioned in your statement that many young people or low-income people who are paying these fees don't need this cover. Does $600 million per annum on average suggest to you that there are many in this vulnerable cohort who do need this insurance cover? What do you say to that historical data that suggests this is actually an important safety net?