This proposal would change the deductions cap introduced in the Petroleum Resource Rent Tax (PRRT) measure in the 2023-24 Budget, Petroleum Resource Rent Tax – Government Response to the Review of the PRRT Gas Transfer Pricing arrangements (the 2023-24 measure). This measure affects 5 major offshore liquefied natural gas (LNG) projects:

• Gorgon
• Ichthys
• Wheatstone
• Pluto
• Prelude.

Under the proposal, the cap would limit deductible expenditure to the value of 80% of each taxpayer’s PRRT assessable receipts.

This proposal would change the deductions cap introduced in the Petroleum Resource Rent Tax (PRRT) measure in the 2023-24 Budget, Petroleum Resource Rent Tax – Government Response to the Review of the PRRT Gas Transfer Pricing arrangements (the 2023-24 measure). This measure affects 5 major offshore liquefied natural gas (LNG) projects:

• Gorgon
• Ichthys
• Wheatstone
• Pluto
• Prelude.

Under the proposal, the cap would limit deductible expenditure to the value of 80% of each taxpayer’s PRRT assessable receipts.

This proposal would change the deductions cap introduced in the Petroleum Resource Rent Tax (PRRT) measure in the 2023-24 Budget, Petroleum Resource Rent Tax – Government Response to the Review of the PRRT Gas Transfer Pricing arrangements (the 2023-24 measure). This measure affects 5 major offshore liquefied natural gas (LNG) projects:

• Gorgon
• Ichthys
• Wheatstone
• Pluto
• Prelude.

Under the proposal, the cap would limit deductible expenditure to the value of 80% of each taxpayer’s PRRT assessable receipts.

The proposal would abolish the Climate Change Authority (CCA), the Emissions Reduction Fund (ERF), the Renewable Energy Target (RET), the Australian Renewable Energy Agency (ARENA), the Clean Energy Finance Corporation (CEFC) and the Clean Energy Innovation Fund (CEIF).

This proposal would commence on 1 July 2017.

The proposal would abolish the Climate Change Authority (CCA), the Emissions Reduction Fund (ERF), the Renewable Energy Target (RET), the Australian Renewable Energy Agency (ARENA), the Clean Energy Finance Corporation (CEFC) and the Clean Energy Innovation Fund (CEIF).

This proposal would commence on 1 July 2017.

The proposal would abolish the Climate Change Authority (CCA), the Emissions Reduction Fund (ERF), the Renewable Energy Target (RET), the Australian Renewable Energy Agency (ARENA), the Clean Energy Finance Corporation (CEFC) and the Clean Energy Innovation Fund (CEIF).

This proposal would commence on 1 July 2017.

The proposal would abolish the Climate Change Authority (CCA), the Emissions Reduction Fund (ERF), the Renewable Energy Target (RET), the Australian Renewable Energy Agency (ARENA), the Clean Energy Finance Corporation (CEFC) and the Clean Energy Innovation Fund (CEIF).

This proposal would commence on 1 July 2017.

This proposal would introduce a road‐user charge on battery electric vehicles and fuel‐cell electric vehicles, levied on a per‐kilometre‐travelled basis.  The road‐user charge would be calculated as a proportion of the fuel excise that is currently paid by a driver of a passenger vehicle that has average fuel usage for Australia.  For the purposes of this proposal average fuel usage is defined as the average passenger vehicle fuel usage in Australia in 2016, which was 10.5 litres of fuel per 100 kilometres, or 0.105 litres per kilometre.  The proposed road‐user

This proposal would introduce a road‐user charge on battery electric vehicles and fuel‐cell electric vehicles, levied on a per‐kilometre‐travelled basis.  The road‐user charge would be calculated as a proportion of the fuel excise that is currently paid by a driver of a passenger vehicle that has average fuel usage for Australia.  For the purposes of this proposal average fuel usage is defined as the average passenger vehicle fuel usage in Australia in 2016, which was 10.5 litres of fuel per 100 kilometres, or 0.105 litres per kilometre.  The proposed road‐user

This proposal would introduce a road‐user charge on battery electric vehicles and fuel‐cell electric vehicles, levied on a per‐kilometre‐travelled basis.  The road‐user charge would be calculated as a proportion of the fuel excise that is currently paid by a driver of a passenger vehicle that has average fuel usage for Australia.  For the purposes of this proposal average fuel usage is defined as the average passenger vehicle fuel usage in Australia in 2016, which was 10.5 litres of fuel per 100 kilometres, or 0.105 litres per kilometre.  The proposed road‐user