The proposal would apply a 20% tax on all sugar-sweetened beverages (SSB).  Sugar-sweetened beverages include all non-alcoholic water-based beverages with added sugar and include soft drinks, cordial, energy drinks, sports drinks, fruit drinks and flavoured mineral waters. 

The request also sought distributional analysis of the impact. The proposal would commence from 1 July 2025. 

The proposal would apply a 20% tax on all sugar-sweetened beverages (SSB).  Sugar-sweetened beverages include all non-alcoholic water-based beverages with added sugar and include soft drinks, cordial, energy drinks, sports drinks, fruit drinks and flavoured mineral waters. 

The request also sought distributional analysis of the impact. The proposal would commence from 1 July 2025. 

The proposal would subsidise GLP-1 RAs on the PBS for people who are obese and people with type 2 diabetes requiring intensive insulin therapy, with 8 options, from 1 July 2025. 

The proposal would provide Commonwealth subsidies for insulin pumps for all Australians living with type 1 diabetes, with 6 options, from 1 July 2025.

The proposal would limit the advertising of ‘unhealthy foods’ under 7 options from 1 July 2025.
•    Option 1: Marketing unhealthy foods on radio, television, print and social media is banned entirely.
•    Option 2: Marketing unhealthy foods on radio only is banned entirely.
•    Option 3: Marketing unhealthy foods on television only is banned entirely.
•    Option 4: Marketing unhealthy foods in print only is banned entirely.

The request sought the savings in Commonwealth Rent Assistance, resulting from purchasing a home under the Coalitions’ proposed super for housing policy. The super for housing policy was described in the Coalitions’ 2022 election policy and would allow individuals to withdraw up to $50,000 from their superannuation (up to a maximum 40% of their superannuation balance) to purchase their first home.

The analysis would focus on 38-year-olds and would assume that 20% of renters would purchase a home due to the scheme.

The request sought the savings in Commonwealth Rent Assistance, resulting from purchasing a home under the Coalitions’ proposed super for housing policy. The super for housing policy was described in the Coalitions’ 2022 election policy and would allow individuals to withdraw up to $50,000 from their superannuation (up to a maximum 40% of their superannuation balance) to purchase their first home.

The analysis would focus on 38-year-olds and would assume that 20% of renters would purchase a home due to the scheme.

The proposal would increase the Major Bank Levy from the current level (0.06% per annum, 0.015 per quarter) by 10% to the proposed level (0.066% per annum, 0.0165% per quarter). 

The additional revenue would be used to co-fund community banks. 

The proposal is ongoing with a start date of 1 July 2024.

The proposal would increase the Major Bank Levy from the current level (0.06% per annum, 0.015 per quarter) by 10% to the proposed level (0.066% per annum, 0.0165% per quarter). 

The additional revenue would be used to co-fund community banks. 

The proposal is ongoing with a start date of 1 July 2024.

The proposal has 5 options, which make changes to the capital gains tax (CGT) discount and negative gearing arrangements (which allow losses relating to an investment property to be deducted from non-investment income) for all individuals, trusts, partnerships and superannuation funds, as per the below table. All options would take effect from 1 July 2024.