One Million Homes

Summary of proposal

Component 1 would establish a Federal Housing Trust (the Trust) to construct and manage dwellings in partnership with states, territories and community housing providers.

The Trust would be established outside the general government sector and would be allowed to make a profit. All funding from the Australian Government would be provided in the form of equity.

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Ending Corporate Tax Avoidance

Summary of proposal

The proposal consists of six components.

Component 1: Deny royalty tax deductions to Significant Global Entities (SGEs) for related party transactions.

Deny SGEs a tax deduction for royalties for the use of, or right to use, intellectual property within Australia, when either:

  • the royalties are paid to a related party
  • the party to which they are paid is in a jurisdiction that provides preferential tax treatment for intellectual property royalties.

Component 2: Change thin capitalisation rules.

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Ending Corporate Tax Avoidance

Summary of proposal

The proposal consists of six components.

Component 1: Deny royalty tax deductions to Significant Global Entities (SGEs) for related party transactions.

Deny SGEs a tax deduction for royalties for the use of, or right to use, intellectual property within Australia, when either:

  • the royalties are paid to a related party
  • the party to which they are paid is in a jurisdiction that provides preferential tax treatment for intellectual property royalties.

Component 2: Change thin capitalisation rules.

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Ending Corporate Tax Avoidance

Summary of proposal

The proposal consists of six components.

Component 1: Deny royalty tax deductions to Significant Global Entities (SGEs) for related party transactions.

Deny SGEs a tax deduction for royalties for the use of, or right to use, intellectual property within Australia, when either:

  • the royalties are paid to a related party
  • the party to which they are paid is in a jurisdiction that provides preferential tax treatment for intellectual property royalties.

Component 2: Change thin capitalisation rules.

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Stage 3 tax cuts distributional analysis

Summary of proposal

The request sought estimated financial implications and distributional analysis of Stage 3 of the personal income tax plan as set out in the 2018-19 Budget measure Personal income tax plan and the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan over the medium term. The Stage 3 tax cuts take effect from 1 July 2024 and involve:

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Stage 3 tax cuts distributional analysis

Summary of proposal

The request sought estimated financial implications and distributional analysis of Stage 3 of the personal income tax plan as set out in the 2018-19 Budget measure Personal income tax plan and the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan over the medium term. The Stage 3 tax cuts take effect from 1 July 2024 and involve:

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Legacy of ongoing Morrison Government fossil fuel handouts

Summary of proposal

The request sought the total amount that is uncommitted and uncontracted (and can therefore be reclaimed) from a number of fossil fuel-related projects announced between November 2018 and March 2022.

Attachment B provides details on the projects or announcements that are covered in this response.

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Legacy of ongoing Morrison Government fossil fuel handouts

Summary of proposal

The request sought the total amount that is uncommitted and uncontracted (and can therefore be reclaimed) from a number of fossil fuel-related projects announced between November 2018 and March 2022.

Attachment B provides details on the projects or announcements that are covered in this response.

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Legacy of ongoing Morrison Government fossil fuel handouts

Summary of proposal

The request sought the total amount that is uncommitted and uncontracted (and can therefore be reclaimed) from a number of fossil fuel-related projects announced between November 2018 and March 2022.

Attachment B provides details on the projects or announcements that are covered in this response.

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Legacy of ongoing Morrison Government fossil fuel handouts

Summary of proposal

The request sought the total amount that is uncommitted and uncontracted (and can therefore be reclaimed) from a number of fossil fuel-related projects announced between November 2018 and March 2022.

Attachment B provides details on the projects or announcements that are covered in this response.

Read more