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Monday, 7 November 2011
Page: 8396


Senator NASH (New South WalesDeputy Leader of The Nationals in the Senate) (18:20): Could the minister perhaps give us some detail on the calculation, the process, that is going to be used? I understand the minister said that compensation will be ongoing. What I am very interested in, though, is that on a day-to-day basis we are not going to know what the price is going to be because it is going to fluctuate. As colleagues will know, this is going to become the product of paper pushers and traders. We are going to have a fluctuating price, so we will not know what it is going to be from day to day. I am interested in whether the minister could enlighten the Senate on the process of the calculation of the compensation that is going to be needed when on a daily basis we may well have a fluctuating price?