Regulatory Reform Omnibus Bill 2026

Senator HUME (Victoria—Deputy Leader of the Opposition) (13:13): Why the urgency on this disallowance? I know you said it's so compensation can go out the door earlier, but I can't imagine that this was going to be disallowed. I feel that this is putting fear into a sector unnecessarily.

Senator Gallagher: Sorry, can you repeat that? Senator HUME: The need to have the disallowance date reduced quite dramatically—I know you've said it's because you want compensation to go out the door quicker, and I understand that. But, obviously, because they're a sector that have to pay for this, that's made them very nervous.

They don't understand why it is that they need to have this decision made quicker, particularly because of the blow-out in the size of the levy. So can you explain what the consultation has been with the sector already on this?