Download PDF Previous Fragment Next Fragment
-
Senate Journal No. 3 - 30 September 2010
- 1 MEETING OF SENATE
- 2 PETITIONS
- 3 NOTICE
- 4 NOTICE OF MOTION WITHDRAWN
- 5 ORDER OF BUSINESS—REARRANGEMENT
- 6 POSTPONEMENTS
- 7 LEAVE OF ABSENCE
- 8 NATIVE TITLE AMENDMENT BILL (NO. 1) 2010
- 9 RURAL AFFAIRS AND TRANSPORT REFERENCES COMMITTEE—REFERENCE
- 10 COMMUNITY AFFAIRS REFERENCES COMMITTEE—REFERENCE
- 11 TRANSPORT SAFETY INVESTIGATION AMENDMENT (INCIDENT REPORTS) E BILL 2010E WATER (CRISIS POWERS AND FLOODWATER DIVERSION) BILL 2010E FOOD STANDARDS AMENDMENT (TRUTH IN LABELLING—PALM OIL) BILL 2010
- 12 FAIR WORK AMENDMENT (PAID PARENTAL LEAVE) BILL 2010
- 13 ENVIRONMENT PROTECTION (BEVERAGE CONTAINER DEPOSIT AND RECOVERY SCHEME) BILL 2010E DEFENCE AMENDMENT (PARLIAMENTARY APPROVAL OF OVERSEAS SERVICE) E BILL 2010E SPECIAL BROADCASTING SERVICE AMENDMENT (PROHIBITION OF DISRUPTIVE ADVERTISING) BILL 2010
- 14 STOLEN GENERATIONS REPARATIONS TRIBUNAL BILL 2010E FOOD SAFETY (TRANS FATS) BILL 2010
- 15 COMMONWEALTH ELECTORAL (ABOVE-THE-LINE VOTING) AMENDMENT E BILL 2010E NATIONAL INTEGRITY COMMISSIONER BILL 2010E PLEBISCITE FOR AN AUSTRALIAN REPUBLIC BILL 2010E BANKING AMENDMENT (DELIVERING ESSENTIAL FINANCIAL SERVICES) BILL 2010E PROTECTING CHILDREN FROM JUNK FOOD ADVERTISING (BROADCASTING AMENDMENT) BILL 2010
- 16 ALCOHOL TOLL REDUCTION BILL 2010E DRINK CONTAINER RECYCLING BILL 2010E RESPONSIBLE TAKEAWAY ALCOHOL HOURS BILL 2010
- 17 BILLS—RESTORATION TO NOTICE PAPER
- 18 TAXATION—MINING TAX—REVENUE ESTIMATES—ORDER FOR PRODUCTION OF DOCUMENTS
- 19 TAXATION—MINING TAX—ORDER FOR PRODUCTION OF DOCUMENTS
- 20 TAXATION—MINING TAX—GOVERNMENT ESTIMATES—ORDER FOR PRODUCTION OF DOCUMENTS
- 21 NEW TAXES—SELECT COMMITTEE—APPOINTMENT
- 22 IMMIGRATION—AFGHAN NATIONALS—ASYLUM CLAIMS
- 23 INDUSTRIAL RELATIONS—AUSTRALIAN BUILDING AND CONSTRUCTION COMMISSION—MR JOHN LLOYD
- 24 INDIGENOUS AUSTRALIANS—ABORIGINAL LAND—JAMES PRICE POINT
- 25 ENVIRONMENT—NORTHERN TERRITORY—ANGELA PAMELA URANIUM MINE
- 26 PARLIAMENT—CAMPAIGN FOR THE ESTABLISHMENT OF A UNITED NATIONS PARLIAMENTARY ASSEMBLY
- 27 ENVIRONMENT—MONTARA COMMISSION OF INQUIRY—PROPOSED ORDER FOR PRODUCTION OF DOCUMENT
- 28 HEALTH—FOOD LABELLING STANDARDS
- 29 SHADOW MINISTRY AND OTHER OFFICE HOLDERS—DOCUMENT
- 30 COMMITTEES—ADDITIONAL INFORMATION—ESTIMATES
- 31 JOINT COMMITTEES—APPOINTMENT
- 32 GOVERNOR-GENERAL'S OPENING SPEECH—ADDRESS-IN-REPLY
- 33 COMMITTEE MEMBERSHIP
- 34 GOVERNOR-GENERAL'S OPENING SPEECH—ADDRESS-IN-REPLY
- 35 QUESTIONS
- 36 MOTIONS TO TAKE NOTE OF ANSWERS
- 37 AUDITOR-GENERAL—AUDIT REPORTS NOS 10 AND 11 OF 2010-11—DOCUMENTS
- 38 EMPLOYMENT—JOB SEEKER COMPLIANCE FRAMEWORK—DOCUMENT
- 39 TAXATION—HENRY TAX REVIEW—SUPERANNUATION—ORDER FOR PRODUCTION OF DOCUMENTS—DOCUMENT
- 40 DOCUMENTS
- 41 DEPARTMENTAL AND AGENCY GRANTS—ORDER FOR PRODUCTION OF DOCUMENTS—DOCUMENT
- 42 UNPROCLAIMED LEGISLATION—ORDER FOR PRODUCTION OF DOCUMENT—DOCUMENT
- 43 COMMITTEE MEMBERSHIP
- 44 ADVISORY COUNCIL ON AUSTRALIAN ARCHIVES—SENATE MEMBER OF COUNCIL
- 45 TAXATION—CARBON TAX
- 46 GOVERNMENT DOCUMENTS—ORDERS OF THE DAY—CONSIDERATION
- 47 SELECTION OF BILLS—STANDING COMMITTEE—REPORT NO. 11 OF 2010
- 48 COMMITTEE MEMBERSHIP
- 49 NEW TAXES—SELECT COMMITTEE—VARIATION OF APPOINTMENT
- 50 TAXATION—MINING TAX—REVENUE ESTIMATES—ORDER FOR PRODUCTION OF DOCUMENTS—DOCUMENT
- 51 COMMITTEE REPORTS AND GOVERNMENT RESPONSES—ORDERS OF THE DAY—CONSIDERATION
- 52 AUDITOR-GENERAL'S REPORTS—ORDERS OF THE DAY—CONSIDERATION
- 53 COMMITTEES—MATTERS REFERRED TO COMMITTEES IN PREVIOUS PARLIAMENT
- 54 ADJOURNMENT
- 55 ATTENDANCE
TAXATION—MINING TAX—REVENUE ESTIMATES—ORDER FOR PRODUCTION OF DOCUMENTSSenator Cormann, pursuant to notice of motion not objected to as a formal motion, moved general business notice of motion no. 4—That the Senate— (a) notes that: (i) the Government continues to hide key assumptions it has used to estimate revenue from its original as well as its revised mining tax proposals, (ii) since the last sitting of the Senate, the Select Committee on Fuel and Energy repeatedly sought information from the Government about changes it made to those assumptions between the 2010-11 Budget and the announcement of the new proposed mining tax arrangements on 2 July 2010, (iii) the committee specifically sought information about changes to commodity price, production volume, exchange rate assumptions and any other variables relevant to its mining tax revenue estimates, (iv) the information sought by the committee is published by the Western Australian State Government in its budget papers as a matter of course, (v) the Government did not allow the Secretary of the Department of the Treasury (Dr Henry) to provide that information even when he appeared before the committee for a second time on 13 July 2010, (vi) the Prime Minister (Ms Gillard) to this day has not responded to Senator Cormann's letter, dated 12 July 2010, asking for this information to be released, (vii) the Treasurer (Mr Swan) has since conceded that: (A) under the revised assumptions, the original Resource Super Profits Tax (RSPT) proposal would have raised approximately $24 billion over the forward estimates rather than the $12 billion revenue estimate contained in the Budget,
(C) under the original assumptions, the Mineral Resource Rent Tax (MRRT) or expanded Petroleum Resource Rent Tax (PRRT) would only have raised $4 billion over the forward estimates, and (viii) the release of all relevant government assumptions is necessary to enable proper scrutiny of the Government's mining tax proposal and that, as such, release of that information is in the public interest; (b) calls on the Government to honour its stated commitment to openness and transparency and release all the information it holds about mining tax revenue estimates forthwith; and (c) orders that there be laid on the table by 5 pm on Thursday, 30 September 2010 all the Government's assumptions used to estimate: (i) the revenue from the RSPT as contained in the 2010-11 Budget, including but not limited to, the assumptions on commodity prices, production volumes and exchange rates, and (ii) the revenue from and overall fiscal impact of the MRRT/expanded PRRT arrangement announced on 2 July 2010, including all changes to assumptions used for the 2010-11 Budget. Question put and passed. | |