Senate debates

Wednesday, 29 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

5:05 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Shadow Minister for Environment, Fisheries and Forestry) Share this | Hansard source

I appreciate that. What you did step us through was all of the work to the completion of the bill as it was presented, prior to any changes, and I appreciate that. I've talked about the fact that that appears to be a very in-depth and thorough process. What I was asking about was everything from that point in time to the end product, such as the changes we have here that have been asked about by the Greens. I think you're telling me that, as its the government's opinion that they're not significant departures from what was there, there has been no modelling undertaken. You said there was no capacity to provide information borne out of modelling or analysis around costs to businesses relating to any of the changes to the bill that have brought forward through these negotiations. I'd be interested to have that compare and contrast with the cost of inaction. You referred to former treasurer Frydenberg's contribution to the public debate on this. What are those figures? It should be a like-for-like thing, particularly with the various international agreements we are reaching, the trade arrangements. There must be some capacity for you to step us through what the cost of not doing something is, compared to doing what this bill proposes to do.

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