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Wednesday, 24 November 1999
Page: 10634


Senator Cook asked the Minister representing the Treasurer, upon notice, on 23 September 1999:

Is the Australian Competition and Consumer Commission (ACCC) going to provide a revised listing of the savings that taxpayers will obtain from the implementation of the goods and services tax.


Senator Kemp (Assistant Treasurer) —The Treasurer has provided the following answer to the honourable senator's question:

The ACCC has not issued a list of savings that taxpayers will obtain from the implementation of the goods and services tax. The ACCC will monitor price changes to identify sectors that may not be passing through the benefits of the New Tax System changes.