Footnotes

Inquiry into the Tax Laws Amendment (2012 Measures No. 3) Bill 2012 and related bills

[1]        Journals of the Senate, 2010–12, no. 89, 9 May 2012, p. 2407.

[2]        The Hon Bill Shorten MP; the Hon Kevin Rudd MP; the Hon Martin Ferguson AM MP, 'Pacific and East Timor workers helping Australian farmers and tourism industry', Joint media release, 18 December 2011, ministers.deewr.gov.au/shorten/pacific-and-east-timor-workers-helping-australian-farmers-and-tourism-industry (accessed 7 June 2012).

[3]        Places will primarily be allocated to the horticulture sector, however, as part of a three year trial, some places will be available to employers in the accommodation, aquaculture, cane and cotton sectors in selected regions. See Department of Education, Employment and Workplace Relations, Submission 2, p. 1.

[4]        Australian Government, 2012–13 Budget: Budget Paper No. 2, May 2012, p. 126.

[5]        Proposed subdivision 12-FC of the Taxation Administration Act 1953 will require employers to withhold an amount from salary, wages, commission, bonuses or allowances it pays to non‑resident workers employed under the SLMP to cover the 15 per cent SLMP withholding tax.

[6]        Explanatory Memorandum, paragraph 1.12.

[7]        Explanatory Memorandum, paragraph 2.4.

[8]        The Hon. David Bradbury MP, Second Reading Speech, Tax Laws Amendment (2012 Measures No. 3) Bill 2012, Proof House of Representatives Hansard, 24 May 2012, p. 19.

[9]        LPG Australia, Submission 1, p. 2.

[10]      Explanatory Memorandum, paragraph 3.2.

[11]      Explanatory Memorandum, paragraph 3.7.

[12]      The income support programs are the ABSTUDY scheme, Veterans' Children Education Scheme, Military Rehabilitation and Compensation Act Education and Training Scheme, the transitional farm family payment and exceptional circumstances relief payment.

[13]      The Hon. David Bradbury MP, Second Reading Speech, Tax Laws Amendment (2012 Measures No. 3) Bill 2012, Proof House of Representatives Hansard, 24 May 2012, p. 19.

[14]      Income Tax Assessment Act 1997, s. 82-130.

[15]      Australia's Future Tax System Review, Report to the Treasurer, part 2: detailed analysis, vol. 1, December 2009, p. 91.

[16]      Australian Government, 2012–13 Budget: Budget Paper No. 2, May 2012, p. 34. However,
in the summary of the measures' financial impact provided on page 6 of the Explanatory Memorandum, the revenue implications of the measures are indicated to be negative.

[17]      See Supplementary Explanatory Memorandum.