Dividend imputation credit refunds – further information

Summary of proposal

The request asked a series of questions in relation to the Parliamentary Budget Office’s (PBO) publicly released response to Senator David Leyonhjelm’s request, Dividend imputation credit refunds (PBO response of 4 May 2018, published on the PBO website 8 May 2018, PBO reference PR18/00145).

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Liberal Democrats’ tax policy

Summary of proposal

The proposal would make the following changes.

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Liberal Democrats’ tax policy

Summary of proposal

The proposal would make the following changes.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

Read more

Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

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Postgraduate income support

Summary of proposal

This proposal would extend existing Austudy payments to all full‐time postgraduate students without changing the current eligibility criteria.

The proposal would have effect from 1 July 2019.

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