Appendix A: Policy Decisions taken since the 2012-13 Budget (Continued)
Revenue Measures (Continued)
Commonwealth penalty unit — increase in value to reflect inflation
The Government will increase the value of all Commonwealth penalty units from $110 to $170, with effect from up to one month after the amending legislation receives Royal Assent. Commonwealth penalties are generally expressed in the form of penalty units (rather than specific values) to assist in the consistent and relatively easy adjustment of these penalties in line with inflation. Penalty units were last increased in 1997. This measure is estimated to have a gain to revenue of $185.0 million.
This measure will ensure that financial penalties for Commonwealth offences continue to remain effective in deterring criminal behaviour.
Further information can be found in the press release of 10 October 2012 issued by the Attorney‑General and the Minister for Emergency Management.
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