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Thursday, 9 December 1971
Page: 4522

Dr Everingham (CAPRICORNIA, QUEENSLAND) asked the Treasurer, upon notice:

What is the estimated revenue received by the Commonwealth from the establishment of the aluminium industry in Australia as (a) taxes on mining and processing Australian bauxite, limestone and coal, (b)net profits and interest paid to the Commonwealth as a result of the increased requirement for electricity in the industry, (c) taxes paid by migrants employed in the industry less their immigration fares and assimilation costs.

(d)   extra taxes paid by manufacturers due to their higher output and wage and profit margins, when using Australian produced aluminium in place of aluminium at prices charged to non-producing countries (3) excise on imports of soda ash and caustic soda and (f) other receipts.

Mr Snedden - The answer to the honourable member's question is as follows:

(a)   , (c) and (d) No statistics are available that would enable reliable estimates to be made of the taxation revenue attributable to the establishment of the aluminium industry in Australia.

(b)   The Commonwealth has made funds available to the States for purposes that include the expansion of electricity generating capacity. As the undertakings involved supply electricity to domestic users, to industry generally as well as to the aluminium industry, I am unable to state what proportion of interest received by the Commonwealth is a direct result of the increased requirement for electricity in the aluminium industry.

(e)   Excise is not payable on soda ash and caustic soda. Import duties paid by the aluminium industry are not available separately from those paid by other users.

(f)   Not known.

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