Cathy McGowan voted moderately against a minerals resource rent tax

The majority voted in favour of a motion to agree to the amendments made in the Senate,(Read more about the amendments here. ) which means that the bill will now become law. This is because the Senate had agreed to the bill, subject to their amendments being accepted by the House of Representatives, which had previously agreed to the bill.(Read more about the stages that a bill must pass through to become law here. )

Background to the bill

This bill was introduced following the 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 here. The division which resulted in that bill being laid aside is available here. )

This bill repeals the Minerals Resource Rent Tax as well as related measures such as the low income superannuation contribution, the income support bonus and the 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. ) 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.) However, this bill will push that rise up until 1 July 2025.

The majority voted in favour of a motion to read the bill for a third time.(Read more about the stages that a bill must pass through to become law here. ) This means that the bill is passed in the House of Representatives and that it will now be sent to the Senate for their consideration.

Background to the bill

This bill was introduced following the 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 here. The division which resulted in that bill being laid aside is available here. )

This bill repeals the Minerals Resource Rent Tax as well as related measures such as the low income superannuation contribution, the income support bonus and the 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. ) 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.) However, this bill will push that rise up until 1 July 2025.

The majority voted in favour of a motion to agree to the bill.(Read more about the stages that a bill must pass through to become law here. ) This means that the majority agreed with the bill and that the House of Representatives can now decide on whether to read the bill for a third time and therefore pass it in the House.

Background to the bill

This bill was introduced following the 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 here. The division which resulted in that bill being laid aside is available here. )

This bill repeals the Minerals Resource Rent Tax as well as related measures such as the low income superannuation contribution, the income support bonus and the 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. ) 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.) However, this bill will push that rise up until 1 July 2025.

The majority voted in favour of a motion to read the bill for a second time.(Read more about the stages that a bill must pass through to become law here. ) This means that the majority agreed with the main idea of the bill and that the House can now discuss it in more detail.

Background to the bill

This bill was introduced following the 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 here. The division which resulted in that bill being laid aside is available here. )

This bill repeals the Minerals Resource Rent Tax as well as related measures such as the low income superannuation contribution, the income support bonus and the 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. ) 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.) However, this bill will push that rise up until 1 July 2025.

The majority voted in favour of a motion to agree to the bill.(Read more about the stages a bill must pass through to become law here. ) This means that the majority agree with the bill as it stands and that they can now vote on whether to read it for a third time and therefore pass it in the House.

Background to the bill

The bill was introduced to repeal the minerals resource rent tax ('MRRT'), which the Coalition called the “mining tax”.(You can read more about the MRRT here. ) The tax began 1 July 2012 and applies to profits earned from the extraction of mineral resources such as coal and iron ore. Its abolition was an election promise of the Coalition during the 2013 election campaign.(You can read the Coalition's policy here. )

The bill also repeals the schoolkids bonus, the income support bonus and the low income superannuation contribution.

This is the second time a bill implementing these measures has been introduced. Earlier this year, the Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 was rejected in the Senate.(See that division here.)

The majority voted in favour of a motion to read the bill for a second time.(Read more about the stages a bill must pass through to become law here. ) This means that the majority agree with the main idea of the bill and the House can now discuss it in more detail.

Background to the bill

The bill was introduced to repeal the minerals resource rent tax ('MRRT'), which the Coalition called the “mining tax”.(You can read more about the MRRT here. ) The tax began 1 July 2012 and applies to profits earned from the extraction of mineral resources such as coal and iron ore. Its abolition was an election promise of the Coalition during the 2013 election campaign.(You can read the Coalition's policy here. )

The bill also repeals the schoolkids bonus, the income support bonus and the low income superannuation contribution.

This is the second time a bill implementing these measures has been introduced. Earlier this year, the Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 was rejected in the Senate.(See that division here.)

The majority voted in favour of a motion to agree to the bill. This vote ends the discussion of the bill in detail and the House can now vote on whether to pass the bill, which they subsequently did without further division.

Once the bill is passed in the House, it is then sent to the Senate for their consideration.

Background to the bill

The bill was introduced by Treasurer Joe Hockey to repeal the minerals resource rent tax ('MRRT'), which the Coalition called the “mining tax”.(You can read more about the MRRT here. ) The tax began 1 July 2012 and applies to profits earned from the extraction of mineral resources such as coal and iron ore. Its abolition was an election promise of the Coalition during the 2013 election campaign.(You can read the Coalition's policy here.)

The bill also repeals the schoolkids bonus, the income support bonus and the low income superannuation contribution.

The majority voted in favour of a motion to read the bill a second time.

This means that the majority agree with the main idea of the bills and that the House can now discuss them in detail.

Background to the bill

The bill was introduced by Treasurer Joe Hockey to repeal the minerals resource rent tax ('MRRT'), which the Coalition called the “mining tax”.(You can read more about the MRRT here. ) The tax began 1 July 2012 and applies to profits earned from the extraction of mineral resources such as coal and iron ore. Its abolition was an election promise of the Coalition during the 2013 election campaign.(You can read the Coalition's policy here.)

The bill also repeals the schoolkids bonus, the income support bonus and the low income superannuation contribution.