Impact of super for housing on Commonwealth rent assistance

Summary of proposal

The request sought the savings in Commonwealth Rent Assistance, resulting from purchasing a home under the Coalition’s proposed super for housing policy. The super for housing policy was described in the Coalition’s 2022 election policy and would allow individuals to withdraw up to $50,000 from their superannuation (up to a maximum 40% of their superannuation balance) to purchase their first home.

The analysis would focus on 35-45-year-olds and would assume that 20% of renters would purchase a home due to the scheme.

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Increasing the size of Federal Parliament

Summary of proposal

The proposal would increase the number of Senate and House of Representatives positions by 40, consisting of 16 new Senators (2 per state and territory) and 24 new MPs in the House of Representatives.

The proposal would include additional funding for recurrent and capital expenditure to support the new parliamentarians, including modifications to Australian Parliament House (APH) and on boarding costs.

The proposal would commence on 1 May 2028. 

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Cost of Negative Gearing and Capital Gains Tax Discount

Summary of proposal

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

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Cost of Negative Gearing and Capital Gains Tax Discount

Summary of proposal

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

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Cost of Negative Gearing and Capital Gains Tax Discount

Summary of proposal

This request is seeking budget analysis on the revenue foregone in relation to the cost of negative gearing and the capital gains tax discount. There are 2 components to this request: 

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20% tax on sugar sweetened beverages

Summary of proposal

The proposal would apply a 20% tax on all sugar-sweetened beverages (SSB).  Sugar-sweetened beverages include all non-alcoholic water-based beverages with added sugar and include soft drinks, cordial, energy drinks, sports drinks, fruit drinks and flavoured mineral waters. 

The request also sought distributional analysis of the impact. The proposal would commence from 1 July 2025. 

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20% tax on sugar sweetened beverages

Summary of proposal

The proposal would apply a 20% tax on all sugar-sweetened beverages (SSB).  Sugar-sweetened beverages include all non-alcoholic water-based beverages with added sugar and include soft drinks, cordial, energy drinks, sports drinks, fruit drinks and flavoured mineral waters. 

The request also sought distributional analysis of the impact. The proposal would commence from 1 July 2025. 

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Subsidising GLP-1 RAs on the PBS for obesity and individuals with type 2 diabetes requiring intensive insulin therapy

Summary of proposal

The proposal would subsidise GLP-1 RAs on the PBS for people who are obese and people with type 2 diabetes requiring intensive insulin therapy, with 8 options, from 1 July 2025. 

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Subsidise insulin pumps for all Australians living with type 1 diabetes

Summary of proposal

The proposal would provide Commonwealth subsidies for insulin pumps for all Australians living with type 1 diabetes, with 6 options, from 1 July 2025.

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Limit marketing of unhealthy foods on radio, television, print and social media, especially for children

Summary of proposal

The proposal would limit the advertising of ‘unhealthy foods’ under 7 options from 1 July 2025.
•    Option 1: Marketing unhealthy foods on radio, television, print and social media is banned entirely.
•    Option 2: Marketing unhealthy foods on radio only is banned entirely.
•    Option 3: Marketing unhealthy foods on television only is banned entirely.
•    Option 4: Marketing unhealthy foods in print only is banned entirely.

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