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Thursday, 8 June 2000
Page: 14953


Senator KEMP (Assistant Treasurer) (12:30 PM) —Let me make it clear. The government has put in place arrangements to ensure that petrol prices need not rise as a result of the GST. In fact, for business users petrol prices will be cut because they are able to claim an input tax credit. This is a very effective benefit for business users. The purpose of this grant scheme is to prevent the differential rising, and this grant scheme will be very effective.