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senate vote 2014-09-02#8
Edited by
system
on
2014-10-07 16:22:29
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Title
Description
The majority voted in favour of a [http://www.openaustralia.org/senate/?id=2014-09-02.27.1 motion] to read the bill for a third time.(Read more about the stages that a bill must pass through to become law [http://www.peo.gov.au/learning/fact-sheets/making-a-law.html here].
) This means that the bill, as amended, is passed in the Senate. It will now be returned to the House of Representatives so that they can consider the Senate's amendments.
''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](http://www.openaustralia.org/senate/?id=2014-09-02.27.1) to read the bill for a third time.(Read more about the stages that a bill must pass through to become law [here](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html). ) This means that the bill, as amended, is passed in the Senate. It will now be returned to the House of Representatives so that they can consider the Senate's amendments.
- _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.
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senate vote 2014-09-02#8
Edited by
system
on
2014-10-07 16:17:02
|
Title
Description
The majority voted in favour of a [http://www.openaustralia.org/senate/?id=2014-09-02.27.1 motion] to read the bill for a third time.[1] This means that the bill, as amended, is passed in the Senate. It will now be returned to the House of Representatives so that they can consider the Senate's amendments.
- The majority voted in favour of a [http://www.openaustralia.org/senate/?id=2014-09-02.27.1 motion] to read the bill for a third time.(Read more about the stages that a bill must pass through to become law [http://www.peo.gov.au/learning/fact-sheets/making-a-law.html here].
) This means that the bill, as amended, is passed in the Senate. It will now be returned to the House of Representatives so that they can consider the Senate's amendments.
- ''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 more about the stages that a bill must pass through to become law [http://www.peo.gov.au/learning/fact-sheets/making-a-law.html 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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senate vote 2014-09-02#8
Edited by
mackay staff
on
2014-09-04 15:59:47
|
Title
Motions — Suspension of Standing Orders; Third Reading
- Minerals Resource Rent Tax Repeal and Other Measures Bill 2014 — Third Reading — Read a third time
Description
<p class="speaker">Stephen Parry</p>
<p>The question now is that the remaining stages of this bill be agreed to and the bill be now passed with amendments.</p>
- The majority voted in favour of a [http://www.openaustralia.org/senate/?id=2014-09-02.27.1 motion] to read the bill for a third time.[1] This means that the bill, as amended, is passed in the Senate. It will now be returned to the House of Representatives so that they can consider the Senate's amendments.
- ''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 more about the stages that a bill must pass through to become law [http://www.peo.gov.au/learning/fact-sheets/making-a-law.html 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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