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Parliament of Australia Department of Parliamentary Services Contents Introduction ............................................................................................................................................. 1 Definition, basis and origins ..................................................................................................................... 2 Scope and application .............................................................................................................................. 3 Scope ................................................................................................................................................... 3 Application .......................................................................................................................................... 5 Rate ..................................................................................................................................................... 7 Exemptions ......................................................................................................................................... 8 Ongoing efficiency dividend .......................................................................................................... 8 Additional single-year imposts .................................................................................................... 10 Supporting arguments and criticisms .................................................................................................... 11

NOVEMBER 28, 2012 Pricing of cancer drugs in Australia - update on changes to the Senate Notice Paper Image source: www.pbs.gov.au The proposed (weighted average) price cut of 76.83% for docetaxel, a drug used in the treatment of cancer, has sparked controversy. There have been claims that cost to patients

ISSN 1328-8091 BILLS DIGEST NO. 50, 2012-13 26 November 2012 Treasury Legislation Amendment (Unclaimed Money and Other Measures) Bill 2012 Kai Swoboda Economics Section Contents The Digest at a Glance ........................................................................................................................... 3 Purpose of the Bill ................................................................................................................................... 4 Structure of the Bill .................................................................................................................................. 4 Background ............................................................................................................................................. 5 Origins of unclaimed

ISSN 1328-8091 Parliamentof Australia Departmentof Parliamentary Services Contents Purpose .................................................................................................................................................... 2 Background .............................................................................................................................................. 2 Basis of policy commitment ................................................................................................................ 3 Committee consideration ................................................................................................................... 3 Senate Scrutiny of Bills Committee ............................................................................................... 3 Joint Select Committee on Gambling Reform ............................................................................... 3 Senate Selection of Bills Committee .............................................................................................. 4 Statement of Compatibility with

ISSN 1328-8091 BILLS DIGEST NO. 44, 2012-13 19 November 2012 Appropriation (Implementation of the Report of the Expert Panel on Asylum Seekers) Bill (No. 1) 2012-2013 [and] Appropriation (Implementation of the Report of the Expert Panel on Asylum Seekers) Bill (No. 2) 2012-2013 Daniel Weight Economics Section Harriet Spinks Social

OCTOBER 31, 2012 Australia in the Asian Century: Improving university rankings Image: Macquarie University The Asian Century White Paper sees higher education as a key sector in developing capabilities for economic success in what it calls ‘the Asian century’ and sets a national objective that ‘by 2025 10 of Australia’s

ISSN 1328-8091 Parliamentof Australia Departmentof Parliamentary Services Contents Glossary ............................................................................................................................................... 3 Purpose ............................................................................................................................................... 4 Committee consideration ................................................................................................................... 5 Parliamentary Joint Standing Committee on Human Rights ......................................................... 5 Schedule 1—Conservation tillage refundable tax offset .................................................................... 5 Background .................................................................................................................................... 5 Financial impact ............................................................................................................................. 6 Key provisions ................................................................................................................................ 6 Commencement and Application ..................................................................................................