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senate vote 2024-05-16#32
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2024-11-03 15:30:07
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Title
Bills — Treasury Laws Amendment (Tax Accountability and Fairness) Bill 2023; Second Reading
- Treasury Laws Amendment (Tax Accountability and Fairness) Bill 2023 - Second Reading - Future Gas Strategy
Description
<p class="speaker">Sue Lines</p>
<p>I will first deal with the second reading amendment circulated by the opposition. The question is that the amendment on sheet 2623 be agreed to.</p>
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- The majority voted against an [amendment](https://www.openaustralia.org.au/senate/?gid=2024-05-16.224.2) to the usual second reading motion, which is "*that the bill be read a second time*" (parliamentary jargon for agreeing with the main idea of the bill).
- ### Amendment text
- > *At the end of the motion, add ", but the Senate:*
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- >> *(a) notes that:*
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- >>> *(i) the Treasurer has failed to engage in negotiations with the Opposition on sensible proposals to support investment in the gas industry, which is the revenue base for this tax,*
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- >>> *(ii) the Government still cannot answer simple questions about this tax, including whether it is new or a bring forward of revenue, its impact on investment in the industry, and its impact on energy prices, despite having had more than six months to do so, and*
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- >>> *(iii) that the cynical and absurd stapling of changes to the Petroleum Resource Rent Tax to measures with cross-party support responding to the PwC and Tax Practitioners Board issue demonstrates the lack of seriousness from the Government towards this legislation; and*
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- >> *(b) calls on the Government to support the Opposition's proposals to acknowledge its own Future Gas Strategy and support the future of the gas industry".*
<p><i>Opposition's </i> <i>circulated</i> <i> amendment</i></p>
<p class="italic">At the end of the motion, add ", but the Senate:</p>
<p class="italic">(a) notes that:</p>
<p class="italic">(i) the Treasurer has failed to engage in negotiations with the Opposition on sensible proposals to support investment in the gas industry, which is the revenue base for this tax,</p>
<p class="italic">(ii) the Government still cannot answer simple questions about this tax, including whether it is new or a bring forward of revenue, its impact on investment in the industry, and its impact on energy prices, despite having had more than six months to do so, and</p>
<p class="italic">(iii) that the cynical and absurd stapling of changes to the Petroleum Resource Rent Tax to measures with cross-party support responding to the PwC and Tax Practitioners Board issue demonstrates the lack of seriousness from the Government towards this legislation; and</p>
<p class="italic">(b) calls on the Government to support the Opposition's proposals to acknowledge its own Future Gas Strategy and support the future of the gas industry".</p>
<p></p>
<p></p>
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