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Monday, 9 May 1994
Page: 431


Senator KERNOT (Leader of the Australian Democrats) (4.06 p.m.) —Perhaps I should seek to clarify the position for Senator Chapman's benefit. We did not get a briefing from the Treasurer's office either. Like Senator Watson, we got our information primarily from the Finance Sector Union, followed up by a phone call from the Treasurer's office saying: `What are your, questions?'

  The only question that is outstanding is the following: if on 1 July 1994 there will be no unfunded liability, why do we need this clause? Is it felt that if it is left there it will complicate something unnecessarily? I have not moved our amendment and will not be doing so, but I would appreciate an answer to my question.