The proposal has three components.

Component 1 – Phase out the capital gains tax discount

This proposal has five components.

Component 1 – Federal Housing Trust

This proposal would introduce a new mining super‐profits tax on minerals projects in Australia that is based on the former minerals resource rent tax but includes some important differences in design. The proposed mining super‐profits tax would be levied at 40 per cent of the net value of mine revenue, minus expenses.

This proposal would introduce a new mining super‐profits tax on minerals projects in Australia that is based on the former minerals resource rent tax but includes some important differences in design. The proposed mining super‐profits tax would be levied at 40 per cent of the net value of mine revenue, minus expenses.

This proposal would introduce a new mining super‐profits tax on minerals projects in Australia that is based on the former minerals resource rent tax but includes some important differences in design. The proposed mining super‐profits tax would be levied at 40 per cent of the net value of mine revenue, minus expenses.

This proposal has two components.

Component 1 – Increased salary and wage deductions for small companies

• Component 1 of the proposal would allow companies with annual turnovers under $2 million to claim tax deductions equal to 110 per cent of their total wage and salary expenses. The value of the additional deductions would be uncapped, but would not be carried forward.

Component 2 – Increase the goods and services tax (GST) registration threshold

This proposal has two components.

Component 1 – Increased salary and wage deductions for small companies

• Component 1 of the proposal would allow companies with annual turnovers under $2 million to claim tax deductions equal to 110 per cent of their total wage and salary expenses. The value of the additional deductions would be uncapped, but would not be carried forward.

Component 2 – Increase the goods and services tax (GST) registration threshold

The proposal has three components that would provide support for the Australian video game industry with investment and tax incentives.

Component 1 – Establish a Games Investment and Enterprise Fund, with investment of $100 million evenly split over 2019‐20, 2020‐21 and 2021‐22.  

Component 2 – Extend the producer tax offset and the post, digital or visual effects tax offset to video game developers.

Component 3 – Allocate $5 million in 2019‐20 to assist in the development of creative co‐working spaces.

This proposal has three components that would increase support for the creative industry.

Component 1: Invest in Australian creativity through the following five elements.

This proposal would modify the current paid parental leave scheme as follows.