2010-2011-2012

 

 

 

THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA

 

 

 

HOUSE OF REPRESENTATIVES

 

 

 

 

 

PASSENGER MOVEMENT CHARGE AMENDMENT BILL 2012

 

 

 

 

 

 

SUPPLEMENTARY EXPLANATORY MEMORANDUM

 

 

 

 

Amendments to be Moved on Behalf of the Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Circulated by authority of the Minister for Home Affairs,

the Honourable Jason Clare MP)

 

 

PASSENGER MOVEMENT CHARGE AMENDMENT BILL 2012

 

 

OUTLINE

 

1.     The purpose of this amendment is to remove indexation of passenger movement charge (PMC).

 

2.     Indexation of PMC based on CPI was originally proposed to occur from

1 July 2013, however, this will no longer occur. This amendment will provide certainty for the tourism industry over the cost of the PMC in future years.

 

3.     The proposed increase of PMC from $47 to $55 will still occur from 1 July 2012.

 

FINANCIAL IMPACT STATEMENT

 

 

4.     The increase of the existing $47 PMC to $55 without indexation is expected to result in an increase in revenue of $485 million over the fours years from

2012-13.

 

PASSENGER MOVEMENT CHARGE AMENDMENT BILL 2012

 

 

NOTES ON AMENDMENTS

 

Amendment 1

 

1.     This amendment omits and substitutes item 1 of Schedule 1.

 

2.     The effect of this amendment is to remove the proposed indexation of PMC from 1 July 2013.

 

3.     The increase of PMC from $47 to $55 from 1 July 2012 will remain.