Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

Read more

Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

Read more

Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

Read more

Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

Read more

Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

Read more

Legacy of ongoing Morrison Government fossil fuel handouts

Summary of proposal

The request sought the total amount that is uncommitted and uncontracted (and can therefore be reclaimed) from a number of fossil fuel-related projects announced between November 2018 and March 2022.

Attachment B provides details on the projects or announcements that are covered in this response.

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Legacy of ongoing Morrison Government fossil fuel handouts

Summary of proposal

The request sought the total amount that is uncommitted and uncontracted (and can therefore be reclaimed) from a number of fossil fuel-related projects announced between November 2018 and March 2022.

Attachment B provides details on the projects or announcements that are covered in this response.

Read more

Legacy of ongoing Morrison Government fossil fuel handouts

Summary of proposal

The request sought the total amount that is uncommitted and uncontracted (and can therefore be reclaimed) from a number of fossil fuel-related projects announced between November 2018 and March 2022.

Attachment B provides details on the projects or announcements that are covered in this response.

Read more

Legacy of ongoing Morrison Government fossil fuel handouts

Summary of proposal

The request sought the total amount that is uncommitted and uncontracted (and can therefore be reclaimed) from a number of fossil fuel-related projects announced between November 2018 and March 2022.

Attachment B provides details on the projects or announcements that are covered in this response.

Read more