Senate debates

Tuesday, 1 September 2020

Bills

Coronavirus Economic Response Package (Jobkeeper Payments) Amendment Bill 2020; In Committee

1:08 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party, Shadow Minister for Finance) Share this | Hansard source

Labor will also be opposing this amendment. This amendment's only been circulated this morning and does propose some quite significant changes to the scheme, as it currently operates. Really, we haven't had the time to understand the impact of the proposed changes. If businesses are getting JobKeeper and not using it for the right purposes or using it to support investors or executive remuneration, that is an issue the government should be looking at. If further changes need to be made, probably the government and the ATO, the people collecting the data, are in the best position to respond. There are concerns around the retrospectivity of the requirements, where eligibility criteria would have been satisfied at the point of being provided these payments but then, subsequently, the rules change. Those are legitimate issues which would normally, if we were going through legislation, be examined and scrutinised in the context of some sort of Senate process that this morning hasn't allowed, so Labor won't be supporting these amendments.

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