Appendix A: Policy Decisions taken since the 2012‑13 Budget
Revenue Measures
Table 1: Revenue measures since the 2012‑13 Budget(a)
|
2011‑12 $m |
2012‑13 $m |
2013‑14 $m |
2014‑15 $m |
2015‑16 $m |
|
|---|---|---|---|---|---|
| AGRICULTURE, FISHERIES AND FORESTRY | |||||
| Department of Agriculture, Fisheries and Forestry | |||||
| Changes to agricultural production levies | ‑ | ‑ | ‑ | ‑ | ‑ |
| Portfolio total | ‑ | ‑ | ‑ | ‑ | ‑ |
| ATTORNEY‑GENERAL'S | |||||
| Australian Customs and Border Protection Service | |||||
| Customs' compliance assurance system — expansion | ‑ | ‑ | 11.4 | 11.4 | 11.4 |
| Duty free allowances — amending the rules when incoming passengers declare an excess over the allowance | ‑ | * | * | * | * |
| Linking the Australian carbon pricing mechanism and European Union emissions trading scheme | ‑ | ‑ | ‑ | ‑ | ‑ |
| Malaysia‑Australia Free Trade Agreement | ‑ | ‑10.0 | ‑20.0 | ‑25.0 | ‑25.0 |
| Passenger movement charge — do not proceed with indexation | ‑ | ‑ | ‑15.0 | ‑40.0 | ‑70.0 |
| Family Court of Australia | |||||
| Courts — additional funding and changes in fees(b) | ‑ | 0.6 | 1.2 | 1.3 | 1.3 |
| Federal Court of Australia | |||||
| Courts — additional funding and changes in fees(b) | ‑ | 4.6 | 9.2 | 9.7 | 9.7 |
| Federal Magistrates Court of Australia | |||||
| Courts — additional funding and changes in fees(b) | ‑ | 8.8 | 17.5 | 18.5 | 18.5 |
| High Court of Australia | |||||
| Courts — additional funding and changes in fees(b) | ‑ | 0.2 | 0.4 | 0.5 | 0.5 |
| Portfolio total | ‑ | 4.2 | 4.8 | ‑23.7 | ‑53.7 |
| CLIMATE CHANGE AND ENERGY EFFICIENCY | |||||
| Clean Energy Regulator | |||||
| Energy Brix Australia Corporation — assistance(b) | ‑ | ‑ | ‑ | ‑ | ‑ |
| Interim arrangements for the application of the carbon pricing mechanism to the Joint Petroleum Development Area and Greater Sunrise Unit Area | ‑ | * | * | * | ‑ |
| Linking the Australian carbon pricing mechanism and European Union emissions trading scheme | ‑ | ‑ | ‑ | ‑ | ‑ |
| Portfolio total | ‑ | ‑ | ‑ | ‑ | ‑ |
| CROSS PORTFOLIO | |||||
| Various Agencies | |||||
| Commonwealth penalty unit — increase in value to reflect inflation | ‑ | 10.0 | 45.0 | 65.0 | 65.0 |
| Courts — additional funding and changes in fees(b) | ‑ | ‑10.9 | ‑22.0 | ‑22.0 | ‑22.0 |
| Portfolio total | ‑ | ‑0.9 | 23.0 | 43.0 | 43.0 |
| EDUCATION, EMPLOYMENT AND WORKPLACE RELATIONS | |||||
| Department of Education, Employment and Workplace Relations | |||||
| Student income support — general interest charge on student income support debt | ‑ | ‑ | ‑ | ‑ | ‑ |
| Portfolio total | ‑ | ‑ | ‑ | ‑ | ‑ |
| HEALTH AND AGEING | |||||
| Department of Health and Ageing | |||||
| Pharmaceutical Benefits Scheme — new and amended listings(b) | ‑ | nfp | nfp | nfp | nfp |
| Therapeutic Goods Administration — blueprint reforms(b) | ‑ | 2.3 | 4.0 | 4.0 | 1.3 |
| Portfolio total | ‑ | 2.3 | 4.0 | 4.0 | 1.3 |
| IMMIGRATION AND CITIZENSHIP | |||||
| Department of Immigration and Citizenship | |||||
| Asian Football Cup — assistance(b) | ‑ | ‑ | ‑ | ‑ | ‑ |
| Response to the expert panel | |||||
| — Humanitarian migration program — additional places from 2012‑13(b) | ‑ | ‑ | ‑ | ‑ | ‑ |
| — Permanent migration program; additional family stream places from 2012‑13(b) | ‑ | 3.9 | 4.0 | 4.1 | 4.2 |
| Visa Application Charges — targeted increases | ‑ | 52.2 | 143.0 | 156.2 | 169.0 |
| Portfolio total | ‑ | 56.2 | 147.0 | 160.4 | 173.2 |
| INDUSTRY, INNOVATION, SCIENCE, RESEARCH AND TERTIARY EDUCATION | |||||
| Department of Industry, Innovation, Science, Research and Tertiary Education | |||||
| Student income support — general interest charge on student income support debt | ‑ | ‑ | 2.5 | 2.4 | 1.5 |
| Portfolio total | ‑ | ‑ | 2.5 | 2.4 | 1.5 |
| REGIONAL AUSTRALIA, LOCAL GOVERNMENT, ARTS AND SPORT | |||||
| Australian Sports Commission | |||||
| Football Federation Australia — debt forgiveness(b) | ‑ | ‑0.4 | ‑0.4 | ‑0.3 | ‑ |
| Portfolio total | ‑ | ‑0.4 | ‑0.4 | ‑0.3 | ‑ |
| SUSTAINABILITY, ENVIRONMENT, WATER, POPULATION AND COMMUNITIES | |||||
| Department of Sustainability, Environment, Water, Population and Communities | |||||
| Linking the Australian carbon pricing mechanism and European Union emissions trading scheme | ‑ | ‑ | ‑ | ‑ | ‑ |
| Director of National Parks | |||||
| World Parks Congress 2014(b) | ‑ | ‑ | ‑ | ‑ | ‑ |
| Portfolio total | ‑ | ‑ | ‑ | ‑ | ‑ |
| TREASURY | |||||
| Australian Prudential Regulation Authority | |||||
| SuperStream — reduction in Superannuation Supervisory levy(b) | ‑ | ‑ | ‑11.6 | ‑8.4 | ‑7.3 |
| Australian Securities and Investments Commission | |||||
| Australian Charities and Not‑for‑profits Commission — removal of Australian Securities and Investments Commission fee | ‑ | ‑ | ‑0.2 | ‑0.2 | ‑0.2 |
| Bank accounts and life insurance policies — reform of arrangements relating to transfer of unclaimed monies to ASIC(b) | ‑ | 109.4 | ‑ | ‑ | ‑ |
| Company monies — reform of arrangements relating to transfer of unclaimed monies(b) | ‑ | 98.3 | 12.9 | 8.2 | 4.5 |
| Future of Financial Advice Reform — extension of accountants licensing exemption(b) | ‑ | ‑2.8 | ‑8.4 | 0.1 | 6.7 |
| Australian Taxation Office | |||||
| Capital gains tax | |||||
| — extensions to the taxation relief to facilitate Stronger Super | ‑ | .. | .. | ‑1.0 | ‑1.0 |
| — loss relief for the Military Superannuation Benefits Fund | ‑ | * | * | * | * |
| Customs' compliance assurance system — expansion | ‑ | ‑ | 7.6 | 7.6 | 7.6 |
| Duty free allowances — amending the rules when incoming passengers declare an excess over the allowance | ‑ | * | * | * | * |
| Excise — transitional arrangements for non‑transport LPG and LNG in the excise and customs systems in 2012‑13 | ‑ | ‑ | ‑ | ‑ | ‑ |
| Fringe benefits tax | |||||
| — reform of living‑away‑from‑home allowances and benefits | ‑ | ‑60.0 | ‑ | ‑ | ‑ |
| — removal of concessional treatment of 'in‑house' fringe benefits if accessed through a salary sacrifice arrangement | ‑ | 20.0 | 55.0 | 180.0 | 190.0 |
| GST | |||||
| — reforms to the GST margin scheme | ‑ | ‑ | ‑ | ‑ | ‑ |
| — restrictions on GST refunds — revisions and changed start date | ‑ | ‑ | .. | 6.0 | 4.0 |
| Income tax | |||||
| — clarification of the tax treatment of native title benefits | ‑ | ‑ | ‑ | ‑ | ‑ |
| — exemption for the International Cricket Council for the 2015 Cricket World Cup | ‑ | * | * | * | * |
| Indirect Tax Concession Scheme — diplomatic and consular concessions | .. | .. | .. | .. | .. |
| International tax — update to the list of countries that have effective exchange of information arrangements with Australia | ‑ | .. | .. | .. | .. |
| Linking the Australian carbon pricing mechanism and European Union emissions trading scheme | ‑ | ‑ | ‑ | ‑ | ‑ |
| Managed investment trusts — concessional tax treatment for energy efficient buildings | ‑ | ‑ | * | * | * |
| Monthly PAYG instalments for large companies | ‑ | ‑ | 5,500.0 | 1,600.0 | 1,200.0 |
| New tax system for managed investment trusts — deferral to streamline trust reform | ‑ | ‑ | ‑ | 50.0 | 20.0 |
| Personal income tax | |||||
| — ensuring similar income tax treatment for beneficiaries of the household assistance package | ‑ | ‑ | ‑ | ‑ | ‑ |
| — exempting Income Support Bonus from income tax | ‑ | ‑ | ‑ | ‑ | ‑ |
| — exemption of pay and allowances for Operation Riverbank and Palate II personnel | ‑ | ‑0.1 | ‑0.1 | .. | ‑ |
| — overseas forces tax offset for Operation Aslan personnel | ‑ | .. | .. | .. | ‑ |
| — tax concessions for Australian Defence Force personnel deployed to Libya | ‑ | .. | .. | ‑ | ‑ |
| Philanthropy — updating the list of specifically listed deductible gift recipients | ‑ | ‑ | ‑7.9 | ‑8.6 | ‑8.7 |
| Stronger Shipping for a Stronger Economy — exemption from Australian income tax following removal of royalty withholding tax | ‑ | ‑ | ‑ | ‑ | ‑ |
| Superannuation | |||||
| — greater certainty in relation to fund mergers | ‑ | ‑ | ‑ | ‑ | ‑ |
| — reform of arrangements relating to transfer of lost member accounts to the ATO | ‑ | 555.0 | 150.0 | 36.0 | 34.0 |
| — reform of SMSF levy arrangements | ‑ | ‑ | 70.0 | 164.0 | 88.0 |
| — tax certainty for deceased estates | ‑ | * | * | * | * |
| Tax administration — personal liability for corporate fault | ‑ | ‑ | ‑ | ‑ | ‑ |
| Tax agent services regime — bringing in financial advisers | ‑ | ‑ | ‑ | ‑ | ‑ |
| Tax compliance — maintaining the integrity of the tax and superannuation system | ‑ | 35.0 | 699.2 | 850.1 | 954.1 |
| Tax laws — miscellaneous amendments | ‑ | * | * | * | * |
| Taxation of Financial Arrangements Stages 3 & 4 — extending the time for putting in place tax allocation hedging documentation for existing arrangements | * | * | * | * | * |
| Wine equalisation tax — deferral of the wine producer rebate integrity measure | ‑ | ‑5.0 | .. | ‑ | ‑ |
| Department of the Treasury | |||||
| Asia Pacific Financial Forum(b) | ‑ | 0.3 | ‑ | ‑ | ‑ |
| Women on Boards Accelerator Program(b) | 0.2 | ‑ | ‑ | ‑ | ‑ |
| Portfolio total | 0.2 | 750.0 | 6,466.6 | 2,883.8 | 2,491.8 |
| Decisions taken but not yet announced | ‑ | 27.8 | ‑161.8 | ‑151.6 | ‑158.4 |
| Total impact of revenue measures(c) | 0.2 | 839.1 | 6,485.7 | 2,917.9 | 2,498.7 |
* The nature of the measure is such that a reliable estimate cannot be provided.
.. Not zero, but rounded to zero.
- Nil.
nfp not for publication.
(a) A minus sign before an estimate indicates a reduction in revenue, no sign before an estimate indicates a gain in revenue.
(b) These measures can also be found in the expense measures summary table.
(c) Measures may not add due to rounding.
If www.budget.gov.au responds slowly or you are having trouble downloading a document, try one of the Budget Website Mirrors
Note: Where possible, Budget documents are available in HTML and for downloading in Portable Document Format(PDF). If you require further information on any of the tables or charts on this website, please contact The Treasury.
