This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

This proposal has 3 components.

Component 1 would place a temporary levy of 1% on all betting turnover related to commercial horse racing with effect from 1 July 2022 to 30 June 2024.

Component 2 would establish a taskforce within the Department of Agriculture, Water and the Environment over a period of four years from 1 July 2022.

The taskforce would be responsible for:

The proposal has 2 components that would tax the net wealth of Australian residents and non-residents.

For Component 1 and 2, net wealth would be calculated as follows.

The proposal has 2 components that would tax the net wealth of Australian residents and non-residents.

For Component 1 and 2, net wealth would be calculated as follows.

The proposal has 2 components that would tax the net wealth of Australian residents and non-residents.

For Component 1 and 2, net wealth would be calculated as follows.

This proposal would introduce a new super-profits tax at a rate of 40% that would apply to company profits that exceed an allowance for a corporate equity threshold with effect from 1 July 2022.

Only post-company tax Australian-sourced profits would be subject to the super-profits tax and the allowance for corporate equity threshold would equal shareholder equity multiplied by 5% plus the long-term bond rate.

This proposal would introduce a new super-profits tax at a rate of 40% that would apply to company profits that exceed an allowance for a corporate equity threshold with effect from 1 July 2022.

Only post-company tax Australian-sourced profits would be subject to the super-profits tax and the allowance for corporate equity threshold would equal shareholder equity multiplied by 5% plus the long-term bond rate.