Senators Coghlan and Leyden asked that the thresholds for audit exemptions should be raised. I am mindful of the need to establish realistic thresholds and I assure the Senators that my Department is continually monitoring the thresholds for audit exemption. I have asked the relevant officials, in the context of the present legislation, to advise in relation to the current threshold and I expect this advice to be forthcoming in the near future. Senators will be mindful of the need for balance in relation to prudential considerations and impositions on small companies.