Under the proposal, the Australian Government would establish an Australian Government housing trust (the Trust) outside the general government sector and provide $5 billion equity injection per year (indexed by CPI) into the Trust to fund the construction of public and affordable housing.

The proposal would amend the Renewable Energy (Electricity) Act 2000 (the Act) to add home batteries as an eligible technology to earn Small-scale Technology Certificates (STCs) through the Small-scale Renewable Energy Scheme from 1 July 2023.

In addition, the proposal would extend the “deeming rate” – the period for which a technology can earn STCs – out to a set period of 15 years for home batteries; then, from 2025, the time between installation and when the scheme ends (2040).

The proposal has two components that would have effect from 1 July 2023.

Component 1

Replace the existing petroleum resource rent tax (PRRT) method of uplifting excess expenditure to future years that relates to PRRT projects with the following method.

The proposal has two components that would have effect from 1 July 2023.

Component 1

Replace the existing petroleum resource rent tax (PRRT) method of uplifting excess expenditure to future years that relates to PRRT projects with the following method.

The proposal has two components that would have effect from 1 July 2023.

Component 1

Replace the existing petroleum resource rent tax (PRRT) method of uplifting excess expenditure to future years that relates to PRRT projects with the following method.

The proposal has two components that would have effect from 1 July 2023.

Component 1

Replace the existing petroleum resource rent tax (PRRT) method of uplifting excess expenditure to future years that relates to PRRT projects with the following method.

The proposal has two components that would have effect from 1 July 2023.

Component 1

Replace the existing petroleum resource rent tax (PRRT) method of uplifting excess expenditure to future years that relates to PRRT projects with the following method.

The proposal has two components that would have effect from 1 July 2023.

Component 1

Replace the existing petroleum resource rent tax (PRRT) method of uplifting excess expenditure to future years that relates to PRRT projects with the following method.

To claim the parenting payment single under the current arrangements, single parents must have the youngest child aged under 8.

This proposal would increase the youngest child of single parents from under 8 to:

• Option 1: until the youngest child turns 12
• Option 2: until the youngest child turns 14
• Option 3: until the youngest child turns 16.

The proposal would have effect from 1 July 2023.

To claim the parenting payment single under the current arrangements, single parents must have the youngest child aged under 8.

This proposal would increase the youngest child of single parents from under 8 to:

• Option 1: until the youngest child turns 12
• Option 2: until the youngest child turns 14
• Option 3: until the youngest child turns 16.

The proposal would have effect from 1 July 2023.