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Monday, 17 September 2012
Page: 7049


Senator CORMANN ( Western Australia ) ( 15:37 ): I move:

That there be laid on the table by the Minister representing the Treasurer, no later than noon on Wednesday, 19 September 2012, information for each of the financial years 2012-13, 2013-14, 2014-15 and 2015-16 regarding:

(a) the cost to the Budget of the various state government royalty increases announced after 2 May 2010 on coal and iron ore that are creditable against any Minerals Resource Rent Tax (MRRT) liability, broken down by state and commodity; and

(b) the cost to the Budget of the upfront tax deductions able to be claimed by existing mining projects that are subject to the MRRT on the basis of the market valuation method.

Question agreed to.