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Thursday, 22 June 2006
Page: 181


Senator JOYCE (8:17 PM) —Okay, so the result before and the result after are potentially exactly the same, with regard to revenue forgone. The cost we are basing it on is an estimate based on something that was picked up at an estimates committee and the Treasury has just run with that, so there are no real forensics in the cost of this. There has been no real discerning of how much this is costing at current levels. Nothing has been put on the table about what it is costing at current levels. The only thing that clause 43-5 on page 16, lines 31 to 32, is going to change is who is producing the biodiesel.