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Title

TELECOMMUNICATIONS (CONSUMER PROTECTION AND SERVICE STANDARDS) BILL 1998

TELECOMMUNICATIONS LEGISLATION AMENDMENT BILL 1998

TELSTRA (TRANSITION TO FULL PRIVATE OWNERSHIP) BILL 1998

TELECOMMUNICATIONS (UNIVERSAL SERVICE LEVY) AMENDMENT BILL 1998

NRS LEVY IMPOSITION AMENDMENT BILL 1998

In Committee

Database

Senate Hansard

Date

21-06-1999

Source

Senate

Parl No.

39

Electorate

WA

Interjector

CHAIRMAN

Page

5773

Party

ALP

Presenter

 

Status

Final

Question No.

 

Questioner

 

Responder

 

Speaker

Bishop, Sen Mark

Stage

In Committee

Type

 

Context

Bills

System Id

chamber/hansards/1999-06-21/0184


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Monday, 21 June 1999
Page: 5773


Senator MARK BISHOP (6:19 PM) —You are correct to say that some of the problems with the venture capital sector and capital gains tax are examples of market failure. Of course they are market failures because of taxation legislation. I ask the minister: would it not be appropriate for the government to resolve its position on the issue of capital gains tax relief and solve the market failure by reference to the matter that causes it—that is, the legislation—as opposed to allocation of funds in a different way?