Proposed amendments to the bill
1.1
The committee understands that the government and the opposition have
negotiated amendments to the bill.
1.2
The committee did not have an opportunity to consider the amendments in
the course of the inquiry, and the proposed amendments were announced after
written submissions had already closed. Nonetheless, this chapter provides a
brief overview of the amendments and their financial impact.
Removal of schedule 9: Dental services
1.3
This schedule will be removed from the bill. The Child and Adult Public
Dental Scheme would have provided funding for additional public dental services
to children and concession card holder adults and delivered savings of $52.4m
over the forward estimates. The government has indicated that this measure will
be pursued separately at a later time.
Removal of schedule 20: Psychiatric confinement
1.4
This schedule will be removed from the bill. This measure would have
ceased social security payments to certain people who are in psychiatric
confinement because they have been charged with a serious offence and would
have delivered savings of $37.8m over the forward estimates.
Amendment of schedule 5: Australian Renewable Energy Agency’s finances
1.5
The original schedule reduced the forward appropriation for the
Australian Renewable Energy Agency (ARENA) by $1.3bn ($1 billion over the
current forward estimates), bringing it back into line with the savings already
reflected in the 2014-15 Budget and all subsequent Budgets.
1.6
Proposed amendments will restore $800m of ARENA funding over five years
($550m over forward estimates). This amendment reduces the net savings from
this measure to $460m over the forward estimates.
Amendment of schedule 21: Closing carbon tax compensation to new welfare
recipients
1.7
The original schedule ceased the Energy Supplement and the Single Income
Family Supplement (both with grandfathering) saving $1.29 billion over the
forward estimates.
1.8
Proposed amendments will remove the Energy Supplement only for new
recipients of Family Tax Benefit Part A, Family Tax Benefit Part B and the
Commonwealth Seniors Health Card. The Energy Supplement will continue to be
paid to all other recipients. This reduces net savings from this measure to
$195 million.
Addition of a new schedule: FTB Part A end-of-year supplement – means
testing
1.9
A new schedule will be added to remove the Family Tax Benefit Part A
end-of-year supplement for families with an adjusted taxable income greater
than $80,000 from the 2016-17 financial year. This is part of an existing measure
that is part of the Social Services Legislation Amendment (Family Payments
Structural Reform and Participation Measures) Bill 2016 currently before the
House. This measure will deliver additional savings of $1.65 billion over the
forward estimates.
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