MRRT and related measures Repeal

This consultation process has now been completed. Submissions available
Date
-
Consultation Type
Exposure Draft

Key Documents

On 24 October 2013, the Government released an exposure draft of the Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 and explanatory memorandum for public consideration.

The Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 removes the Minerals Resource Rent Tax with effect from 1 July 2014. The Bill also discontinues or re-phases the measures that were intended to be funded by the MRRT. The Bill includes the:

  • repeal of loss carry back;
  • reduction in the small business instant asset write off threshold;
  • repeal of accelerated depreciation for motor vehicles;
  • repeal of the geothermal exploration provisions;
  • re-phasing of the change in rate of the superannuation guarantee charge percentage;
  • repeal of the low income superannuation contribution;
  • repeal of the income support bonus; and
  • repeal of the schoolkids bonus.

Submissions

46 submissions were received for this consultation.

BHP Billiton Petroleum - pdf 203.43 KB
Broadley Tara - pdf 5.42 KB
Busuttil Mark - pdf 7.15 KB
Chalmers Natalie - pdf 3.77 KB
Christie Clare - pdf 6.03 KB
Doran Shannon - pdf 6.93 KB
Fernandez Samantha - pdf 5.49 KB
Fortescue Metals Group - pdf 124.59 KB
Freudenstein_Natasha - pdf 3.67 KB
Future Party - pdf 63.08 KB
Gardine Claire - pdf 5.59 KB
General Electric - pdf 1.07 MB
Indigo Rose Justine - pdf 4.64 KB
Industry Super Australia - pdf 252.06 KB
Legro Sandra - pdf 16.65 KB
Magnetite Network - pdf 270.18 KB
Marquardt Bronwyn - pdf 8.73 KB
McCauley Helen - pdf 10.02 KB
Mercer - pdf 38.75 KB
Montrose Karen - pdf 6.65 KB
Morgan Alison Joy - pdf 9.28 KB
Peters Pamela - pdf 15.27 KB
Phu John - pdf 11.57 KB
Raby Tess - pdf 8.34 KB
Roic Ivelise - pdf 7.28 KB
Ryan Ingrid - pdf 5.45 KB
Unger Corinne - pdf 12.45 KB
Uniting Care Australia - pdf 428.93 KB
Verran Suzanne - pdf 6.64 KB
Women In Super - pdf 30.48 KB