Senate debates

Monday, 20 June 2011

Questions on Notice

Mining (Question No. 10)

Photo of Bob BrownBob Brown (Tasmania, Australian Greens) Share this | Hansard source

asked the Minister representing the Treasurer, upon notice, on 28 September 2010:

(1)   For the 3 year period up to 2020, using the price forecast used in standard treasury modelling, what revenue will be raised from the Minerals Resource Rent Tax, based on price assumptions for coal and iron ore as used in the Treasury modelling for the Carbon Pollution Reduction Scheme.

(2)   What is the estimated cost of the company tax reduction during that period.

(3)   Is there any risk that the additional net revenue from the Minerals Resource Rent Tax will fall short of the estimated reduction in revenues from company tax; if so, how great is that risk; if not, how safe is that assumption and why.

Comments

No comments