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Tuesday, 15 June 2004
Page: 23614


Senator MURRAY (8:39 PM) —by leave—I move Democrat amendments (1) to (3) on sheet 4250:

(1) Schedule 7, item 2, page 19, table item 7, second column, paragraph (a), omit “$250”, substitute “$100”.

(2) Schedule 7, item 2, page 20, table item 7, second column, paragraph (b), omit “$250”, substitute “$100”.

(3) Schedule 7, item 2, page 22, table item 8, second column, paragraph (a), omit “$250” and substitute “$100”.

These amendments refer to schedule 7, which I remarked on briefly in my contribution to the second reading debate. The $250 threshold, which is the present threshold for a tax deduction for ordinary Australians contributing to charities, is too high. Our amendments would reduce this contribution threshold to $100 so that it actually is an encouragement device for raising the deductibility possibilities. I do not need to motivate agreement more than that. It was covered in our minority report to the Senate committee inquiry, so the Treasury will be aware of it.