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

I apologise if I said 'tax office'. Any information that's reported to the tax office is reported as what is protected information and can't be revealed publicly, generally. The normal way in which people who are observing and watching the behaviour of companies obtain information is by going and looking at the financial reports that are filed with ASIC. There are 1,119 grandfathered large proprietary companies in Australia that simply don't have to do that. They have a privilege that has been in place since 1995, a temporary measure—obviously, a lot of wealthy people are involved in these companies—so they don't have to file financial reports with ASIC. I apologise for perhaps misdirecting my previous question. Going back to that: how can the government be satisfied—because it doesn't have a view as to these companies' financial reports—that there's no abuse taking place in respect of JobKeeper?