Senate debates

Thursday, 30 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

9:29 am

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

I mentioned specifically some of the possible responses or options available to the minister and to the government around what could be done by way of additional restrictions. Has there been any contemplation of what a tougher decline rate might look like? Has the government considered specific rates? Is it something like a six per cent or a 10 per cent rate that's being considered here? I would be interested to know how far government is looking to go or what sorts of limitations there are on government's response in dealing with this issue.

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