Senate debates

Thursday, 17 October 2019

Bills

Emergency Response Fund Bill 2019, Emergency Response Fund (Consequential Amendments) Bill 2019; Second Reading

10:35 am

Photo of Rex PatrickRex Patrick (SA, Centre Alliance) Share this | Hansard source

Well, I'm not sure why he didn't send it to you, Senator Gallagher, but he was clearly concerned. I think it's appropriate to make sure his views are represented. I'm not even sure, when we divide on this, whether Senator Carr might have crossed the floor on it. The fact that he rang me twice in one week at 2 am or 4 am his time tells me he cares about this quite a lot, because he doesn't ring me often.

I'd like to go now to a point. We are abolishing an education fund for good purpose. I want to talk about what Senator Waters said when she talked about the oil and gas industry. Basically she said we have two noble aims here. I think she's correct. I think most people would agree she's correct. I want to go to her point about oil and gas not bearing the load. Of course, in the oil and gas industry, there are two tax elements. We have both the company tax and PRRT. I want to advise the chamber that, in terms of corporate tax—a bit of a shocker really—according to tax transparency data, over four years ExxonMobil earned $33 billion in revenue and—

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