senate vote 2014-09-02#7
Edited by
mackay staff
on
2014-10-09 14:33:54
|
Title
Description
The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
The schedules relate to the following:
- schedule 6 relates to changes to the [superannuation guarantee](http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions);
- schedule 7 relates to the [low income superannuation contribution](http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/);
- schedule 8 repeals the [income support bonus](http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus); and
- schedule 9 repeals the [schoolkids bonus](http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus).(Read the wording of the schedules, as passed in both houses, [here](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0).
)
_Background to the bill_
This [bill](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0) was introduced following the [Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300) being laid aside because it could not "be progressed in its current form".(Read more about this bill being set aside [here](http://www.openaustralia.org/debates/?id=2014-09-01.34.2). The division which resulted in that bill being laid aside is available [here](http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1). )
- The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
- The schedules relate to the following:
- - schedule 6 relates to changes to the [superannuation guarantee](http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions);
- - schedule 7 relates to the [low income superannuation contribution](http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/);
- - schedule 8 repeals the [income support bonus](http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus); and
- - schedule 9 repeals the [schoolkids bonus](http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus).(Read the wording of the schedules, as passed in both houses, [here](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0).)
- _Background to the bill_
- This [bill](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0) was introduced following the [Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300) being laid aside because it could not "be progressed in its current form".(Read more about this bill being set aside [here](http://www.openaustralia.org/debates/?id=2014-09-01.34.2). The division which resulted in that bill being laid aside is available [here](http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1). )
- This bill repeals the [Minerals Resource Rent Tax](http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax) as well as related measures such as the [low income superannuation contribution](http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/), the [income support bonus](http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus) and the [schoolkids bonus](http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus). The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.(Read more about the changes made in the bill in the [explanatory memorandum](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22). ) Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).(Read more about superannuation in Australia [here](http://en.wikipedia.org/wiki/Superannuation_in_Australia).) However, this bill will push that rise up until 1 July 2025.
|
senate vote 2014-09-02#7
Edited by
system
on
2014-10-07 16:22:29
|
Title
Description
The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
The schedules relate to the following:
* schedule 6 relates to changes to the [http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions superannuation guarantee];
* schedule 7 relates to the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution];
* schedule 8 repeals the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus]; and
* schedule 9 repeals the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus].(Read the wording of the schedules, as passed in both houses, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0 here].
)
''Background to the bill''
This [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0 bill] was introduced following the [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300 Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)] being laid aside because it could not "be progressed in its current form".(Read more about this bill being set aside [http://www.openaustralia.org/debates/?id=2014-09-01.34.2 here]. The division which resulted in that bill being laid aside is available [http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1 here].
)
This bill repeals the [http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax Minerals Resource Rent Tax] as well as related measures such as the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution], the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus] and the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus]. The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.(Read more about the changes made in the bill in the [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22 explanatory memorandum].
) Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).(Read more about superannuation in Australia [http://en.wikipedia.org/wiki/Superannuation_in_Australia here].) However, this bill will push that rise up until 1 July 2025.
- The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
- The schedules relate to the following:
- - schedule 6 relates to changes to the [superannuation guarantee](http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions);
- - schedule 7 relates to the [low income superannuation contribution](http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/);
- - schedule 8 repeals the [income support bonus](http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus); and
- - schedule 9 repeals the [schoolkids bonus](http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus).(Read the wording of the schedules, as passed in both houses, [here](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0).
- )
- _Background to the bill_
- This [bill](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0) was introduced following the [Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300) being laid aside because it could not "be progressed in its current form".(Read more about this bill being set aside [here](http://www.openaustralia.org/debates/?id=2014-09-01.34.2). The division which resulted in that bill being laid aside is available [here](http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1). )
- This bill repeals the [Minerals Resource Rent Tax](http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax) as well as related measures such as the [low income superannuation contribution](http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/), the [income support bonus](http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus) and the [schoolkids bonus](http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus). The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.(Read more about the changes made in the bill in the [explanatory memorandum](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22). ) Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).(Read more about superannuation in Australia [here](http://en.wikipedia.org/wiki/Superannuation_in_Australia).) However, this bill will push that rise up until 1 July 2025.
|
senate vote 2014-09-02#7
Edited by
system
on
2014-10-07 16:17:02
|
Title
Description
- The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
- The schedules relate to the following:
- * schedule 6 relates to changes to the [http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions superannuation guarantee];
- * schedule 7 relates to the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution];
- * schedule 8 repeals the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus]; and
* schedule 9 repeals the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus].[1]
- * schedule 9 repeals the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus].(Read the wording of the schedules, as passed in both houses, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0 here].
)
- ''Background to the bill''
This [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0 bill] was introduced following the [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300 Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)] being laid aside because it could not "be progressed in its current form".[2]
- This [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0 bill] was introduced following the [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300 Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)] being laid aside because it could not "be progressed in its current form".(Read more about this bill being set aside [http://www.openaustralia.org/debates/?id=2014-09-01.34.2 here]. The division which resulted in that bill being laid aside is available [http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1 here].
)
This bill repeals the [http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax Minerals Resource Rent Tax] as well as related measures such as the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution], the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus] and the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus]. The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.[3] Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).[4] However, this bill will push that rise up until 1 July 2025.
- This bill repeals the [http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax Minerals Resource Rent Tax] as well as related measures such as the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution], the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus] and the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus]. The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.(Read more about the changes made in the bill in the [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22 explanatory memorandum].
) Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).(Read more about superannuation in Australia [http://en.wikipedia.org/wiki/Superannuation_in_Australia here].) However, this bill will push that rise up until 1 July 2025.
''References''
* [1] Read the wording of the schedules, as passed in both houses, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0 here].
* [2] Read more about this bill being set aside [http://www.openaustralia.org/debates/?id=2014-09-01.34.2 here]. The division which resulted in that bill being laid aside is available [http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1 here].
* [3] Read more about the changes made in the bill in the [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22 explanatory memorandum].
* [4] Read more about superannuation in Australia [http://en.wikipedia.org/wiki/Superannuation_in_Australia here].
|
senate vote 2014-09-02#7
Edited by
mackay staff
on
2014-09-05 11:13:23
|
Title
Description
- The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
- The schedules relate to the following:
- * schedule 6 relates to changes to the [http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions superannuation guarantee];
* schedule 7 relates to [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution];
- * schedule 7 relates to the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution];
- * schedule 8 repeals the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus]; and
- * schedule 9 repeals the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus].[1]
- ''Background to the bill''
- This [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0 bill] was introduced following the [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300 Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)] being laid aside because it could not "be progressed in its current form".[2]
- This bill repeals the [http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax Minerals Resource Rent Tax] as well as related measures such as the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution], the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus] and the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus]. The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.[3] Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).[4] However, this bill will push that rise up until 1 July 2025.
- ''References''
- * [1] Read the wording of the schedules, as passed in both houses, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0 here].
- * [2] Read more about this bill being set aside [http://www.openaustralia.org/debates/?id=2014-09-01.34.2 here]. The division which resulted in that bill being laid aside is available [http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1 here].
- * [3] Read more about the changes made in the bill in the [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22 explanatory memorandum].
- * [4] Read more about superannuation in Australia [http://en.wikipedia.org/wiki/Superannuation_in_Australia here].
|
senate vote 2014-09-02#7
Edited by
mackay staff
on
2014-09-05 11:12:33
|
Title
Description
- The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
- The schedules relate to the following:
* schedule 6 relates to changes to the [http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions Superannuation Guarantee] Charge percentage;
- * schedule 6 relates to changes to the [http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions superannuation guarantee];
- * schedule 7 relates to [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution];
- * schedule 8 repeals the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus]; and
- * schedule 9 repeals the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus].[1]
- ''Background to the bill''
- This [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0 bill] was introduced following the [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300 Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)] being laid aside because it could not "be progressed in its current form".[2]
- This bill repeals the [http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax Minerals Resource Rent Tax] as well as related measures such as the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution], the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus] and the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus]. The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.[3] Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).[4] However, this bill will push that rise up until 1 July 2025.
- ''References''
- * [1] Read the wording of the schedules, as passed in both houses, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0 here].
- * [2] Read more about this bill being set aside [http://www.openaustralia.org/debates/?id=2014-09-01.34.2 here]. The division which resulted in that bill being laid aside is available [http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1 here].
- * [3] Read more about the changes made in the bill in the [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22 explanatory memorandum].
- * [4] Read more about superannuation in Australia [http://en.wikipedia.org/wiki/Superannuation_in_Australia here].
|
senate vote 2014-09-02#7
Edited by
mackay staff
on
2014-09-05 11:11:59
|
Title
Minerals Resource Rent Tax Repeal and Other Measures Bill 2014 - Motions - Schedules 6 to 9
- Minerals Resource Rent Tax Repeal and Other Measures Bill 2014 — Motions — Schedules 6 to 9
Description
- The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
The schedules relate to the following amendments:
- The schedules relate to the following:
- * schedule 6 relates to changes to the [http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions Superannuation Guarantee] Charge percentage;
- * schedule 7 relates to [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution];
- * schedule 8 repeals the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus]; and
- * schedule 9 repeals the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus].[1]
- ''Background to the bill''
- This [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0 bill] was introduced following the [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300 Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)] being laid aside because it could not "be progressed in its current form".[2]
- This bill repeals the [http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax Minerals Resource Rent Tax] as well as related measures such as the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution], the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus] and the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus]. The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.[3] Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).[4] However, this bill will push that rise up until 1 July 2025.
- ''References''
- * [1] Read the wording of the schedules, as passed in both houses, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0 here].
- * [2] Read more about this bill being set aside [http://www.openaustralia.org/debates/?id=2014-09-01.34.2 here]. The division which resulted in that bill being laid aside is available [http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1 here].
- * [3] Read more about the changes made in the bill in the [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22 explanatory memorandum].
* [4] Read more about superannuation in Australia [http://en.wikipedia.org/wiki/Superannuation_in_Australia here].
- * [4] Read more about superannuation in Australia [http://en.wikipedia.org/wiki/Superannuation_in_Australia here].
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senate vote 2014-09-02#7
Edited by
mackay staff
on
2014-09-05 11:11:23
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Title
Motions — Suspension of Standing Orders
- Minerals Resource Rent Tax Repeal and Other Measures Bill 2014 - Motions - Schedules 6 to 9
Description
<p class="motion-notice motion-notice-notext">No motion text available</p>
- The majority voted in favour of a motion that schedules 6 to 9, as amended, be agreed to. This means that the majority agree with the changes that have been made to these schedules.
- The schedules relate to the following amendments:
- * schedule 6 relates to changes to the [http://en.wikipedia.org/wiki/Superannuation_in_Australia#Employer_contributions Superannuation Guarantee] Charge percentage;
- * schedule 7 relates to [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution];
- * schedule 8 repeals the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus]; and
- * schedule 9 repeals the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus].[1]
- ''Background to the bill''
- This [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22legislation%2Fbillhome%2Fr5327%22;rec=0 bill] was introduced following the [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5300 Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 (No. 2)] being laid aside because it could not "be progressed in its current form".[2]
- This bill repeals the [http://en.wikipedia.org/wiki/Minerals_Resource_Rent_Tax Minerals Resource Rent Tax] as well as related measures such as the [http://www.ato.gov.au/Individuals/Super/In-detail/Contributions/Low-income-super-contribution/ low income superannuation contribution], the [http://www.humanservices.gov.au/customer/services/centrelink/income-support-bonus income support bonus] and the [http://www.dss.gov.au/our-responsibilities/families-and-children/benefits-payments/schoolkids-bonus schoolkids bonus]. The bill also revises the capital allowances for small business entities and the superannuation guarantee charge percentage increase.[3] Under the previous Labor government, the superannuation was set to increase to 12 per cent by 2019 (as of 1 July 2014, it is at 9.5 per cent).[4] However, this bill will push that rise up until 1 July 2025.
- ''References''
- * [1] Read the wording of the schedules, as passed in both houses, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbills%2Fr5327_aspassed%2F0001%22;rec=0 here].
- * [2] Read more about this bill being set aside [http://www.openaustralia.org/debates/?id=2014-09-01.34.2 here]. The division which resulted in that bill being laid aside is available [http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2014-09-01&house=representatives&number=1 here].
- * [3] Read more about the changes made in the bill in the [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fems%2Fr5327_ems_6cc22e3e-bdd9-4502-a40b-9e1ec81029c4%22 explanatory memorandum].
- * [4] Read more about superannuation in Australia [http://en.wikipedia.org/wiki/Superannuation_in_Australia here].
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