All changes made to the description and title of this division.

View division | Edit description

Change Division
senate vote 2021-08-05#4

Edited by mackay staff

on 2021-09-10 10:42:54

Title

  • Bills — Treasury Laws Amendment (Covid-19 Economic Response No. 2) Bill 2021; in Committee
  • Treasury Laws Amendment (Covid-19 Economic Response No. 2) Bill 2021 - in Committee - Publication of COVID-19 payment information

Description

  • <p class="speaker">James McGrath</p>
  • <p>The committee is considering the amendment moved by Senator Patrick.</p>
  • <p class="speaker">Sue Lines</p>
  • The majority voted in favour of an [amendment](https://www.openaustralia.org.au/senate/?id=2021-08-05.59.1) on [sheet 1352](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/display.w3p;query=Id%3A%22legislation%2Famend%2Fr6745_amend_26c90b8f-86f7-4aac-963e-4069dbfb7d4e%22;rec=0), which was introduced by South Australian Senator [Rex Patrick](https://theyvoteforyou.org.au/people/senate/sa/rex_patrick) (Independent). This means it passed.
  • ### Amendment text
  • > *(1) Page 9 (after line 17), at the end of the Bill, add:*
  • >
  • > *Schedule 6 — Publication of information about COVID-19 payment recipients*
  • >
  • > *Coronavirus Economic Response Package (Payments and Benefits) Act 2020*
  • >
  • > *1 Section 6*
  • >
  • > *Insert:*
  • >
  • >> **annual turnover** *of an entity for a financial year is the total of the following that is earned in the year in the course of the entity’s business:*
  • >>
  • >>> *(a) the proceeds of sales of goods and/or services;*
  • >>>
  • >>> *(b) commission income;*
  • >>>
  • >>> *(c) repair and service income;*
  • >>>
  • >>> *(d) rent, leasing and hiring income;*
  • >>>
  • >>> *(e) government bounties and subsidies;*
  • >>>
  • >>> *(f) interest, royalties and dividends;*
  • >>>
  • >>> *(g) other operating income.*
  • >>>
  • >>> *If the entity is a non-profit body (within the meaning of section 23-15 of the A New Tax System (Goods and Services Tax) Act 1999 ), treat the operations or activities carried out by the body as the business of the body.*
  • >>
  • >> **jobkeeper payment** *means a payment under the jobkeeper scheme.*
  • >>
  • >> **jobkeeper scheme** *means the scheme for the Coronavirus economic response payment known as the jobkeeper payment provided for in rules made for the purposes of subsection 7(1) in relation to the period 1 March 2020 to 28 March 2021.*
  • <p>The question is that amendment No. 1 on sheet 1352, as moved by Senator Patrick, be agreed to.</p>