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Senate Journal No. 39 - 15 October 2008
- 1 MEETING OF SENATE
- 2 GOVERNMENT DOCUMENTS
- 3 FAMILY LAW AMENDMENT (DE FACTO FINANCIAL MATTERS AND OTHER MEASURES) BILL 2008
- 4 SAME-SEX RELATIONSHIPS (EQUAL TREATMENT IN COMMONWEALTH LAWS—SUPERANNUATION) BILL 2008
- 5 ORDER OF BUSINESS—REARRANGEMENT
- 6 TAX LAWS AMENDMENT (MEDICARE LEVY SURCHARGE THRESHOLDS) BILL (NO. 2) 2008
- 7 MATTERS OF PUBLIC INTEREST
- 8 QUESTIONS
- 9 MOTION TO TAKE NOTE OF ANSWERS
- 10 NOTICES
- 11 SELECTION OF BILLS—STANDING COMMITTEE—REPORT NO. 13 OF 2008
- 12 POSTPONEMENTS
- 13 FAMILY AND COMMUNITY SERVICES—PENSIONERS
- 14 IMMIGRATION—SIEV X
- 15 ECONOMICS—CHIEF EXECUTIVE OFFICERS—TERMINATION PAYOUTS
- 16 REGIONAL AUSTRALIA—REGIONAL PARTNERSHIPS PROGRAM—PEEL HEALTH CAMPUS
- 17 COMMUNITY AFFAIRS—STANDING COMMITTEE—LEAVE TO MEET DURING SITTING
- 18 WOMEN—`RECLAIM THE NIGHT'—VIOLENCE AGAINST WOMEN
- 19 TRANSPORT—1999 MONTREAL CONVENTION
- 20 DISCUSSION OF MATTER OF PUBLIC IMPORTANCE—ECONOMICS—MANAGEMENT OF THE ECONOMY
- 21 SCRUTINY OF BILLS—STANDING COMMITTEE—11TH REPORT AND ALERT DIGEST NO. 11 OF 2008
- 22 FOREIGN AFFAIRS—IRAN—MINISTERIAL STATEMENT—DOCUMENT
- 23 DEPARTMENTAL AND AGENCY APPOINTMENTS AND VACANCIES—ORDER FOR PRODUCTION OF DOCUMENTS—DOCUMENTS
- 24 DEPARTMENTAL AND AGENCY GRANTS—ORDER FOR PRODUCTION OF DOCUMENTS—DOCUMENTS
- 25 COMMITTEE MEMBERSHIP
- 26 PROCEDURE—STANDING COMMITTEE—SECOND REPORT OF 2008—CONSIDERATION
- 27 TAX LAWS AMENDMENT (MEDICARE LEVY SURCHARGE THRESHOLDS) BILL (NO. 2) 2008
- 28 OFFSHORE PETROLEUM AMENDMENT (GREENHOUSE GAS STORAGE) BILL 2008E OFFSHORE PETROLEUM (ANNUAL FEES) AMENDMENT (GREENHOUSE GAS STORAGE) BILL 2008E OFFSHORE PETROLEUM (REGISTRATION FEES) AMENDMENT (GREENHOUSE GAS STORAGE) BILL 2008E OFFSHORE PETROLEUM (SAFETY LEVIES) AMENDMENT (GREENHOUSE GAS STORAGE) BILL 2008
- 29 GOVERNMENT DOCUMENTS—CONSIDERATION
- 30 ADJOURNMENT
- 31 ATTENDANCE
TAX LAWS AMENDMENT (MEDICARE LEVY SURCHARGE THRESHOLDS) BILL (NO. 2) 2008Order of the day read for the adjourned debate on the motion of the Minister for Innovation, Industry, Science and Research (Senator Carr)—That this bill be now read a second time. Debate resumed. Question put and passed. Bill read a second time. The Senate resolved itself into committee for the consideration of the bill. In the committee Bill taken as a whole by leave. Senator Xenophon moved the following amendments together by leave: Schedule 1, item 2, page 3 (line 13) to page 4 (line 6), omit section 5A, substitute:
5A What is the singles surcharge threshold? (1) The singles surcharge threshold for a person for the 2008-09 year of income is $69,000. (2) This threshold is indexed for each year of income after 2008-09 by multiplying the threshold by the indexation factor in subsection (3) and rounding the result down to the nearest multiple of $1,000. (3) The indexation factor is: Sum of the index numbers for the CPI quarters for the 12 months ending on 31 March of the current year Sum of the index numbers for the CPI quarters for the 12 months ending on 31 March of the previous year where: CPI quarter means a period of 3 months ending 31 March, 30 June, 30 September or 31 December. index number means the All Groups Consumer Price Index number (being the weighted average of the 8 capital cities) published by the Australian Statistician. The indexation factor is to be calculated to 3 decimal places, but increased by .001 if the fourth decimal place is more than 4.
(a) are to be made using only the index numbers published in terms of the most recently published reference base for the Consumer Price Index; and (b) are to disregard index numbers that are published in substitution for previously published index numbers (except where the substituted numbers are published to take account of changes in the reference base). Schedule 1, item 4, page 4 (line 21), omit "$150,000", substitute "$138,000". Schedule 1, item 4, page 4 (line 21), omit "$153,000", substitute "$141,000". Schedule 1, item 7, page 5 (lines 5 to 24), omit section 3AA, substitute:
3AA Meaning of singles surcharge threshold (1) The singles surcharge threshold for a person for the 2008-09 year of income is $69,000. (2) This threshold is indexed for each year of income after 2008-09 by multiplying the threshold by the indexation factor in subsection (3) and rounding the result down to the nearest multiple of $1,000. (3) The indexation factor is: Sum of the index numbers for the CPI quarters for the 12 months ending on 31 March of the current year Sum of the index numbers for the CPI quarters for the 12 months ending on 31 March of the previous year where: CPI quarter means a period of 3 months ending 31 March, 30 June, 30 September or 31 December. index number means the All Groups Consumer Price Index number (being the weighted average of the 8 capital cities) published by the Australian Statistician. The indexation factor is to be calculated to 3 decimal places, but increased by .001 if the fourth decimal place is more than 4. Calculations: (a) are to be made using only the index numbers published in terms of the most recently published reference base for the Consumer Price Index; and (b) are to disregard index numbers that are published in substitution for previously published index numbers (except where the substituted numbers are published to take account of changes in the reference base). Schedule 1, item 8, page 6 (line 14), omit "$150,000", substitute "$138,000". Schedule 1, item 8, page 6 (line 14), omit "$153,000", substitute "$141,000". Debate ensued.
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