Senate debates Bills

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


Don Farrell

Don Farrell SA, Australian Labor Party, Shadow Special Minister of State

1:23 pm

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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