Australian Government, 2006–07 Budget

Appendix A: Policy decisions taken since the 2006-07 Budget

Summary of policy decisions taken since the 2006-07 Budget

Table A1: Revenue measures since the 2006-07 Budget (a)
  2006-07
$m
2007-08
$m
2008-09
$m
2009-10
$m
AGRICULTURE, FISHERIES AND FORESTRY        
Department of Agriculture, Fisheries and Forestry        
Abolition of domestic sugar levy -13.2 -15.2 - -
Portfolio total -13.2 -15.2 - -
ATTORNEY-GENERAL'S        
Australian Customs Service        
Excise and customs duty        
– alignment of snuff tobacco rate with other tobacco rate .. .. .. ..
– removal of differential for high sulphur diesel - - - -
– removal of differential for leaded petrol - - - -
Excise and customs duty on diesel – no increase in rates .. .. .. -
Insolvency and Trustee Service Australia        
Bankruptcy Act 1966 – amendments to improve the operation of debt agreements (b) 0.1 1.1 1.0 1.0
Portfolio total 0.1 1.1 1.0 1.0
COMMUNICATIONS, INFORMATION TECHNOLOGY AND THE ARTS        
Australian Communications and Media Authority        
Digital services – allocation of new channels on spare spectrum - nfp - -
Portfolio total - - - -
EDUCATION, SCIENCE AND TRAINING        
Department of Education, Science and Training        
COAG Health Workforce – support for more medical places(b) - .. .. 0.1
National Action Plan for social cohesion, harmony and security – establishment of an Islamic studies centre(b) - .. .. ..
Skills for the Future – more engineering places at university(b) - - .. 0.1
Portfolio total - .. 0.1 0.2
HEALTH AND AGEING        
Department of Health and Ageing        
Pharmaceutical Benefits Scheme        
– listing of Herceptin® (trastuzumab)(b) nfp nfp nfp nfp
– listing of Lantus® (insulin glargine) and Levemir® (insulin detemir)(b) nfp nfp nfp nfp
Portfolio total - - - -
IMMIGRATION AND MULTICULTURAL AFFAIRS        
Department of Immigration and Multicultural Affairs        
Visas – arrangements for new European Union member states - -0.4 -0.4 -0.5
Portfolio total - -0.4 -0.4 -0.5
TREASURY        
Australian Taxation Office        
Alignment of small business tax concessions - - -75.0 -75.0
British Nuclear Tests Programme – health testing and treatment for participants(b) - - - -
Capital gains tax        
– changes to the tax treatment of testamentary trusts * * * *
– exemption of expense-reimbursing government grants - - - -
– small business concession amendments .. * * *
Consolidation – group restructures * * * *
Cyclone Larry and Cyclone Monica – one-off income support(b) - .. - -
Cyclones Monica and Larry Business Assistance Fund for Cape York – establishment(b) .. .. .. ..
Deductions for donations with a minor benefit – amendment to existing measure - -1.5 -6.0 -6.0
Energy initiatives – liquefied petroleum gas vehicle purchase and conversion rebate – establishment(b) -1.0 -38.0 -146.0 -133.0
Excise and customs duty        
– alignment of snuff tobacco rate with other tobacco rate - - - -
– removal of differential for high sulphur diesel - - - -
– removal of differential for leaded petrol - - - -
Excise and customs duty on diesel – no increase in rates -53.0 -109.0 -56.0 -
Farm management deposits – increasing thresholds - -20.0 -18.0 -18.0
Foreign hybrid rules – treatment of UK limited liability partnerships .. .. .. ..
Fringe benefits tax – reporting exclusion for pooled or shared cars - - -1.0 -1.0
International taxation – new tax treaties .. -10.0 -10.0 -10.0
New international taxation arrangements – transitional arrangements for taxing capital gains on property owned by non-residents - -20.0 -15.0 -10.0
Personal income tax        
– extension of the beneficiary tax offset to Cyclone Larry income support payments .. -0.5 - -
– status of Australian Defence Force overseas operations -0.4 -1.4 - -
Philanthropy        
– changes to prescribed private funds -28.9 -17.2 -15.4 -15.6
– updating the list of eligible deductible gift recipients -0.4 -10.8 -7.0 -5.8
Private company distributions – changes to integrity rules * * * *
Simplified imputation system – dividend tainting and transfer pricing adjustments .. .. .. ..
Simplified Superannuation -55.0 -1276.0 -1159.5 -1413.0
Statutory effective life caps for tractors and harvesters - - - -
Superannuation fund investment rules – instalment warrants -50.0 -90.0 -100.0 -110.0
Tax concessions for the International Criminal Court .. .. .. ..
Tax secrecy laws – changes to allow better information sharing for Project Wickenby .. .. .. ..
Thin capitalisation rules – application to groups containing certain authorised deposit-taking institutions .. .. .. ..
Trans-Tasman imputation * * * *
Unclaimed superannuation – improved administration arrangements - - - -
Portfolio total -188.7 -1594.4 -1608.9 -1797.4
Decisions taken but not yet announced - - - 44.0
Total impact of revenue measures(c) -201.8 -1608.9 -1608.3 -1752.7

* 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.

  1. A minus sign before an estimate indicates a reduction in revenue, no sign before an estimate indicates a gain to revenue.
  2. Details of these measures can be found under Part 2: Expense measures
  3. Measures may not add due to rounding.

Miscellaneous