Senate debates

Thursday, 3 September 2020

Bills

Payment Times Reporting Bill 2020, Payment Times Reporting (Consequential Amendments) Bill 2020; In Committee

1:23 pm

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Shadow Special Minister of State) Share this | Hansard source

We supported the government's review into this amendment, and we support Senator Hanson's amendment to ensure that certain matters are considered by the review. While we believe the fail-safe mechanism is the only feasible way to reduce payment terms, in this parliament we don't object to these stronger terms of reference being imposed on a statutory review. I want to take this opportunity to note that such a review with these terms would help fine-tune the fail-safe mechanism before it is set to begin in our amendment. As such, I would hope Senator Hanson and Senator Roberts will consider voting in favour of the fail-safe mechanism soon. We should pass that amendment this parliament and ensure that technical clarifications can be made to it at a later date to assuage concerns Senator Hanson may have.

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