Regulatory Reform Omnibus Bill 2026

Senator HUME (Victoria—Deputy Leader of the Opposition) (13:10): Just back on the Compensation Scheme of Last Resort amendment, I understand that it is a late addition to this bill, and it does sit outside of the specific portfolio, but obviously there are a lot of questions about this. This is quite a contentious issue, so, if we can give time for the appropriate advisers from that portfolio to come to the chamber—I'm just putting it out there now.

Obviously, the revised financial year '27 estimate has been public for a while. It requires a special levy of $170.3 million above the subsector cap of $20 million. This is a very big leap, and there are going to be an awful lot of people in this industry that are very concerned about this.

The next question is: when does the Assistant Treasurer intend to lodge the determination that comes with this amendment?