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Monday, 7 November 2011
Page: 8309


Senator WONG (South AustraliaMinister for Finance and Deregulation) (13:29): Thank you for the reminder, Senator Birmingham, because I had actually forgotten, but I have now recalled it—I think I have recalled it; let me have a go and we will see. If I do not do well enough I am sure you will come back at me. I think the question was whether the government remains committed to the five per cent target—the relation between that and the bill, essentially. The government's unconditional commitment—and the opposition's, as I understand it—remains the five per cent, and the fixed-price period and the default caps in the legislation are consistent with that unconditional target.