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Monday, 7 November 2011
Page: 8275


Senator WONG (South AustraliaMinister for Finance and Deregulation) (11:02): I am advised, Senator, that the Treasurer modelling did not assume deferred payment arrangements. In other words, the Treasury modelling—Strong growth, low pollution: modelling on a carbon price—

Senator Xenophon: On the CPRS.

Senator WONG: Yes, but the update did not assume deferred payment. That is the advice that I have. In other words, it does not assume the policy proposition which you are advocating.