Financial Costings for a Commonwealth Environment Protection Agency

Summary of proposal

This proposal has 2 options to establish an Environment Protection Agency (EPA) that would both have effect from 1 July 2024 and would be ongoing.

Option 1
This option would establish an EPA with a mixed fee funding model which includes Government funding and revenue from non-Government sources.

The EPA would include:

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Restoring Parenting payment Single 2

Summary of proposal

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 13.

The proposal would have effect from 1 July 2023.

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Restoring Parenting payment Single 2

Summary of proposal

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 13.

The proposal would have effect from 1 July 2023.

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Changes to franked distributions funded by capital raisings

Summary of proposal

The request sought detail of the methodology and assumptions underlying the Government measure proposed in Schedule 5 of the Treasury Laws Amendment (2023 Measures No.1) Bill 2023, currently before the Parliament.

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The cost of nuclear submarines

Summary of proposal

The request sought a breakdown of the cost of the nuclear-powered submarines to be acquired under the AUKUS agreement, over the life of the program.

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The cost of nuclear submarines

Summary of proposal

The request sought a breakdown of the cost of the nuclear-powered submarines to be acquired under the AUKUS agreement, over the life of the program.

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The cost of nuclear submarines

Summary of proposal

The request sought a breakdown of the cost of the nuclear-powered submarines to be acquired under the AUKUS agreement, over the life of the program.

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The cost of nuclear submarines

Summary of proposal

The request sought a breakdown of the cost of the nuclear-powered submarines to be acquired under the AUKUS agreement, over the life of the program.

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The cost of nuclear submarines

Summary of proposal

The request sought a breakdown of the cost of the nuclear-powered submarines to be acquired under the AUKUS agreement, over the life of the program.

Read more