Big corporations tax (Coal and mining)

Summary of proposal

The proposal would introduce a new 40% Coal and mining tax (CMT) on the super profits of individual Australian mining projects, where the super profits would be calculated at the project level as revenue less expenses. 

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Big corporations tax (Coal and mining)

Summary of proposal

The proposal would introduce a new 40% Coal and mining tax (CMT) on the super profits of individual Australian mining projects, where the super profits would be calculated at the project level as revenue less expenses. 

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Big corporations tax (Excessive profits)

Summary of proposal

The proposal would introduce a new excessive profits tax at a rate of 40% that would apply to company profits that exceed an allowance for a corporate equity threshold with effect from 1 July 2025.

Only post-company tax Australian-sourced profits would be subject to the excessive profits tax and the allowance for corporate equity threshold would equal shareholder equity multiplied by 5% plus the long-term bond rate. 

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Putting dental care into Medicare

Summary of proposal

The proposal would create Medicare Benefits Schedule (MBS) items for preventative and therapeutic dental services, including regular check-ups and teeth cleans, crowns, orthodontic treatment, oral surgeries, periodontics and prosthodontics.

The MBS would include coverage of all items listed in the 13th edition of the Australian Schedule of Dental Services and Glossary (the handbook).

The MBS benefit for each item would align with the Child Dental Benefits Schedule (CDBS) (or scaled Veterans Dental Schedule (VDS) schedule rates where CDBS pricing is not available).

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Putting dental care into Medicare

Summary of proposal

The proposal would create Medicare Benefits Schedule (MBS) items for preventative and therapeutic dental services, including regular check-ups and teeth cleans, crowns, orthodontic treatment, oral surgeries, periodontics and prosthodontics.

The MBS would include coverage of all items listed in the 13th edition of the Australian Schedule of Dental Services and Glossary (the handbook).

The MBS benefit for each item would align with the Child Dental Benefits Schedule (CDBS) (or scaled Veterans Dental Schedule (VDS) schedule rates where CDBS pricing is not available).

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Putting dental care into Medicare

Summary of proposal

The proposal would create Medicare Benefits Schedule (MBS) items for preventative and therapeutic dental services, including regular check-ups and teeth cleans, crowns, orthodontic treatment, oral surgeries, periodontics and prosthodontics.

The MBS would include coverage of all items listed in the 13th edition of the Australian Schedule of Dental Services and Glossary (the handbook).

The MBS benefit for each item would align with the Child Dental Benefits Schedule (CDBS) (or scaled Veterans Dental Schedule (VDS) schedule rates where CDBS pricing is not available).

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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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Public property developer

Summary of proposal

Under the proposal, the Australian Government would act as a public property developer, building homes and selling them at close to cost, or retaining them to rent out as public or affordable housing.

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