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Tuesday, 6 December 1983
Page: 3329

Mr HOWARD(9.58) —The Opposition supports the device being recommended. I observe on behalf of the Opposition that those reserve powers come in handy occasionally. Of course, it is a very interesting and novel procedure being used by the Government tonight. It is one of those remarkable things on which great minds must have thought alike. The very concern being voiced tonight by the Minister for Housing and Construction and Minister Assisting the Treasurer (Mr Hurford) out of an abundance of caution-a very welcome characteristic-was also in the minds of the Opposition. As I think the honourable gentleman knows, my office made contact with the Australian Taxation Office inquiring whether this legislation had the meaning which, out of an abundance of caution, the Government is now ensuring it does not have. I am not suggesting for a moment that our inquiry would have sparked the change now being put forward in this very novel way, but I commend the good sense of the Government. It is something we ought to be cautious about. I know that it was not intended to have the meaning that we were concerned it might have. It is very fortunate that this procedure is available to pull it back, to get it fixed up and to remove the doubt. The Opposition supports very warmly what the Government is doing. Once again I have reason to thank the Minister Assisting the Treasurer for his good sense on one of these measures.

Question resolved in the affirmative.

Resolution reported; report adopted.