Higher education (consolidation)

Summary of proposal

This proposal consists of four components. It would be announced on 1 January 2019 and would have effect from 1 July 2019.

Component 1: University tuition fees

Tuition for commencing undergraduates at public universities who are Australian citizens would be funded by the Commonwealth without requiring payments by students. Students who have held a Commonwealth‐supported place within the two years prior to 1 July 2019 would still be required to pay for their tuition.

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Tax cuts package

Summary of proposal

The request sought the financial implications, by stage and component, of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan.

The request also sought the annual aggregate cost of the third stage of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan (reducing the 32.5 per cent marginal tax rate to 30 per cent from 1 July 2024) for individuals with taxable incomes greater than $180,000 in each year.

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Tax cuts package

Summary of proposal

The request sought the financial implications, by stage and component, of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan.

The request also sought the annual aggregate cost of the third stage of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan (reducing the 32.5 per cent marginal tax rate to 30 per cent from 1 July 2024) for individuals with taxable incomes greater than $180,000 in each year.

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Tax cuts package

Summary of proposal

The request sought the financial implications, by stage and component, of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan.

The request also sought the annual aggregate cost of the third stage of the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan (reducing the 32.5 per cent marginal tax rate to 30 per cent from 1 July 2024) for individuals with taxable incomes greater than $180,000 in each year.

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Common group insurance

Summary of proposal

The proposal would prohibit default superannuation funds from providing insurance products, either by default or on an opt-in basis, through active accounts with a balance below $6,000, and through new accounts belonging to members aged under 25 years.

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Budget savings from single parents

Summary of proposal

This request sought an estimate of the total budget expenditure savings from parenting payment single that have occurred to date. The related legislative changes were made via the following Acts.

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Budget savings from single parents

Summary of proposal

This request sought an estimate of the total budget expenditure savings from parenting payment single that have occurred to date. The related legislative changes were made via the following Acts.

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Budget savings from single parents

Summary of proposal

This request sought an estimate of the total budget expenditure savings from parenting payment single that have occurred to date. The related legislative changes were made via the following Acts.

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Budget savings from single parents

Summary of proposal

This request sought an estimate of the total budget expenditure savings from parenting payment single that have occurred to date. The related legislative changes were made via the following Acts.

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Impact of accelerating Stage 2 personal income tax cuts

Summary of proposal

This request involves four options.

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