Photo of Simon Crean

Simon Crean voted very strongly for a minerals resource rent tax

How Simon Crean voted compared to someone who believes that the federal government should put a tax on profits earned from mining mineral resources such as coal and iron ore

Division Simon Crean Supporters vote Division outcome

22nd Nov 2011 – Representatives Minerals Resource Rent Tax Bill 2011 - Third Reading - Pass the bill

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The majority voted in favour of a motion to read the bill a third time. This means that the bill has now been passed in the House of Representatives and can be sent to the Senate for their consideration.

Background to the bill

The Minerals Resource Rent Tax Bill 2011 is one of eleven bills that were introduced as a package to introduce a minerals resource rent tax ('MRRT').(Read more about the MRRT here.) The tax is set to begin on 1 July 2012 and apply to profits earned from the extraction of mineral resources such as coal and iron ore.

The eleven bills are:

References

 Yes Yes (strong) Passed by a small majority

22nd Nov 2011 – Representatives Minerals Resource Rent Tax Bill 2011 - Consideration in Detail - Agree to the bill

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The majority voted in favour of a motion to agree to the bill as amended. This ends the consideration in detail stage and the House will now consider whether to read the bill for a third time and therefore pass it in the house.(That third reading division is available here. )

Background to the bill

The Minerals Resource Rent Tax Bill 2011 is one of eleven bills that were introduced as a package to introduce a minerals resource rent tax ('MRRT').(Read more about the MRRT here.) The tax is set to begin on 1 July 2012 and apply to profits earned from the extraction of mineral resources such as coal and iron ore.

The eleven bills are:

References

 Yes Yes (strong) Passed by a small majority

22nd Nov 2011 – Representatives Minerals Resource Rent Tax Bill 2011 - Consideration in Detail - Magnetite exclusion

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The majority voted against an amendment introduced by Nationals MP Tony Crook.

The amendment would exclude magnetite from the operation of the minerals resource rent tax. MP Crook explains that magnetite ore has very little value in its raw state and so must be heavily processed before it is of significant value.(Read MP Crook's whole explanation here. ) He said that "the government has indicated that the magnetite industry is unlikely to pay the mining tax" and so it should be excluded to increase investment and certainty.

Background to the bill

The Minerals Resource Rent Tax Bill 2011 is one of eleven bills that were introduced as a package to introduce a minerals resource rent tax ('MRRT').(Read more about the MRRT here.) The tax is set to begin on 1 July 2012 and apply to profits earned from the extraction of mineral resources such as coal and iron ore.

The eleven bills are:

References

 No No Not passed by a small majority

22nd Nov 2011 – Representatives Minerals Resource Rent Tax Bill 2011 - Consideration in Detail - Industry pays when mature miner pays

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The majority voted against an amendment introduced by Nationals MP Tony Crook.

The amendment ensures that smaller miners will not have minerals resources rent tax('MRRT') liability until one of the mature miners pays the tax. MP Crook explains that "due to large starting-base allowances, the three mature miners who negotiated this tax may not actually pay the MRRT for several years"

Background to the bill

The Minerals Resource Rent Tax Bill 2011 is one of eleven bills that were introduced as a package to introduce a minerals resource rent tax ('MRRT').(Read more about the MRRT here.) The tax is set to begin on 1 July 2012 and apply to profits earned from the extraction of mineral resources such as coal and iron ore.

The eleven bills are:

References

 No No Not passed by a small majority

22nd Nov 2011 – Representatives Minerals Resource Rent Tax Bill 2011 - Second Reading - Read a second time

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The majority voted in favour of a motion to read the Minerals Resource Rent Tax Bill 2011 for a second time.

This means that the majority agree to the main idea of the bill, which is to introduce a minerals resource rent tax. The House can now discuss them in detail.

Background to the bill

The Minerals Resource Rent Tax Bill 2011 is one of eleven bills that were introduced as a package to introduce a minerals resource rent tax ('MRRT').(Read more about the MRRT here.) The tax is set to begin on 1 July 2012 and apply to profits earned from the extraction of mineral resources such as coal and iron ore.

The eleven bills are:

References

 Yes Yes (strong) Passed by a small majority

3rd Nov 2011 – Representatives Minerals Resource Rent Tax Bill 2011 and related bills - Second Reading - Adjourn debate

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The majority voted against a motion "That the debate be adjourned."

The motion was introduced by Liberal MP Joe Hockey.

Background to the bill

The Minerals Resource Rent Tax Bill 2011 is one of eleven bills that were introduced as a package to introduce a minerals resource rent tax ('MRRT').(Read more about the MRRT here.) The tax is set to begin on 1 July 2012 and apply to profits earned from the extraction of mineral resources such as coal and iron ore.

The eleven bills are:

References

 No No Not passed by a small majority

How "voted very strongly for" is worked out

The MP's votes count towards a weighted average where the most important votes get 50 points, less important votes get 10 points, and less important votes for which the MP was absent get 2 points. In important votes the MP gets awarded the full 50 points for voting the same as the policy, 0 points for voting against the policy, and 25 points for not voting. In less important votes, the MP gets 10 points for voting with the policy, 0 points for voting against, and 1 (out of 2) if absent.

Then, the number gets converted to a simple english language phrase based on the range of values it's within.

No of votes Points Out of
Most important votes (50 points)      
MP voted with policy 3 150 150
MP voted against policy 0 0 0
MP absent 0 0 0
Less important votes (10 points)      
MP voted with policy 3 30 30
MP voted against policy 0 0 0
Less important absentees (2 points)      
MP absent* 0 0 0
Total: 180 180

*Pressure of other work means MPs or Senators are not always available to vote – it does not always indicate they have abstained. Therefore, being absent on a less important vote makes a disproportionatly small difference.

Agreement score = MP's points / total points = 180 / 180 = 100%.

And then