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Show detail
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.
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absent
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No (strong)
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Passed by a small majority
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Show detail
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.
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Yes
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No (strong)
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Passed by a small majority
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Show detail
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.
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absent
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No (strong)
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Passed by a small majority
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Show detail
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.
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absent
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No (strong)
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Passed by a small majority
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Show detail
The majority voted in favour of a motion that the second reading motion be put.(Read more about the stages that a bill must pass through to become law here. ) This ends the second reading debate (i.e. the debate on the main idea of the bill) and means that the motion on whether to read the bill for a second time is immediately put.(See the division on whether to read the bill a second time 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.
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absent
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No
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Passed by a small majority
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Show detail
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.)
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absent
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No (strong)
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Passed by a small majority
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Show detail
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.)
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absent
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No (strong)
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Passed by a small majority
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Show detail
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.
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Yes
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No (strong)
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Passed by a small majority
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Show detail
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.
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Yes
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No (strong)
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Passed by a small majority
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Show detail
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
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No
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Yes (strong)
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Passed by a small majority
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Show detail
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
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No
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Yes (strong)
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Passed by a small majority
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Show detail
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
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Yes
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No
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Not passed by a small majority
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Show detail
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
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Yes
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No
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Not passed by a small majority
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Show detail
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
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No
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Yes (strong)
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Passed by a small majority
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Show detail
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
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absent
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No
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Not passed by a small majority
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