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Tuesday, 25 November 1986
Page: 2663

Senator WALTERS —Can the Leader of the Government in the Senate say how much of the latest 8.2 per cent yearly increase in full time adult ordinary time earnings is attributed to the cashing out of the fringe benefits tax by employers? Does the Government expect further fringe benefits tax increases to show in the next quarter?

Senator BUTTON —As I understand it, it is very difficult, on the basis of published information, to determine to what extent that figure represents cashing out of fringe benefits and to what extent it represents a degree of salary drift. I do not think there is any precise information available on that question at present. If it becomes available, I will certainly make it available.

Senator Walters —Would you answer the second part?

Senator BUTTON —I do not think the second part stands up without the first part, Senator. Perhaps the honourable senator would like to ask it again.