House debates

Wednesday, 14 September 2016

Bills

Budget Savings (Omnibus) Bill 2016; Consideration in Detail

11:33 am

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

I present a supplementary explanatory memorandum to the bill. I ask leave of the House to move government amendments (1) to (19), as circulated, together.

Leave granted.

I move government amendments (1) to (19):

(1) Clause 2, page 2 (table item 11), omit the table item.

(2) Clause 2, page 4 (table item 22), omit the table item.

(3) Clause 2, page 4 (after table item 24), insert:

(4) Schedule 5, item 1, page 18 (lines 5 to 7), omit the item, substitute:

1 Subsection 64(1) (table items 5 to 9)

Repeal the items, substitute:

(5) Schedule 9, page 46 (line 1) to page 56 (line 2), omit the Schedule.

(6) Schedule 20, page 180 (line 1) to page 182 (line 12), omit the Schedule.

(7) Schedule 21, items 26 to 35, page 190 (line 4) to page 195 (line 7), omit the items.

(8) Schedule 21, item 38, page 198 (line 16), omit "item; and", substitute "item.".

(9) Schedule 21, item 38, page 198 (lines 17 to 21), omit paragraph (i).

(10) Schedule 21, items 39 to 85, page 198 (line 22) to page 209 (line 6), omit the items.

(11) Schedule 21, Part 3, page 210 (lines 1 to 15), omit the Part.

(12) Schedule 21, items 90 to 103, page 211 (line 4) to page 213 (line 14), omit the items.

(13) Schedule 21, item 105, page 216 (line 6) to page 217 (line 5), omit the item.

(14) Schedule 21, item 106, page 217 (line 23), omit "or a gold card".

(15) Schedule 21, item 107, page 218 (line 26), omit "item; and", substitute "item.".

(16) Schedule 21, item 107, page 218 (lines 27 to 31), omit paragraph (i).

(17) Schedule 21, items 108 to 118, page 218 (line 32) to page 220 (line 14), omit the items.

(18) Schedule 21, Part 5, page 221 (line 1) to page 222 (line 32), omit the Part.

(19) Page 225 (after line 32), after Schedule 21, insert:

Schedule 21A—Income limit for FTB Part A supplement

A New Tax System (Family Assistance) Act 1999

1 Before subclause 38A(1) of Schedule 1

Insert:

(1A) Despite any other provision of this clause, the amount of the FTB Part A supplement to be added in working out an individual's maximum rate under clause 3, or an individual's Method 2 base rate under clause 25, is nil if the individual's adjusted taxable income is more than $80,000.

Note: If the individual is a member of a couple, the individual's adjusted taxable income includes the adjusted taxable income of the individual's partner: see clause 3 of Schedule 3.

2 Application provision

The amendment made by this Schedule applies in relation to working out the rate of family tax benefit for days on or after the commencement of this Schedule.

I commend them to the House.

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