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AAP
AAP
Politics
Maeve Bannister

Parliament closes $11 billion loophole

Stephen Jones says if the retrospective laws were not passed it would have cost $11 billion. (Lukas Coch/AAP PHOTOS) (AAP)

An $11 billion budget loophole has been closed by federal parliament after urgent laws were rushed through both houses.

The laws relate to a successful Federal Court case brought by foreign affairs official Brendan Peace and other parties, who argued the Commonwealth should have paid him superannuation for a rent-free accommodation allowance received on overseas postings.

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