Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

I would very respectfully refer the senator to my statement in my second reading summing-up speech, where I addressed that precise question directly. The Treasurer is given the power under this legislation to exercise discretion, as you have rightly pointed out, and he will have the capacity to issue rules and determinations to give effect to that. I spelt all of that out in some detail in the second reading summing-up speech.