Senate debates
Wednesday, 30 November 2016
Committees
Economics References Committee; Appointment
3:57 pm
Peter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source
I move:
That the following matter be referred to the Economics References Committee for inquiry and report by 14 June 2017:
The tax and royalties collected from the extraction and sale of Australia's oil and gas resources, with particular reference to:
(a) the adequacy and integrity of the existing Petroleum Resource Rent Tax (PRRT) and Commonwealth royalty regime;
(b) compliance with the PRRT and Commonwealth royalty regime;
(c) responsibilities and effectiveness of state and Federal Government departments in administering the existing PRRT and Commonwealth royalty regime;
(d) the suitability of the PRRT and Commonwealth royalty regime in the modern global economy;
(e) the comparison of tax and royalty regimes with other oil and gas producing countries that export to the Asia-Pacific region;
(f) principles for modification of the PRRT as it applies to gas;
(g) principles for an extended Commonwealth royalty regime covering offshore oil and gas projects in Commonwealth waters; and
(h) any other related matters.
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URL: https://www.openaustralia.org.au/senate/?gid=2016-11-30.170.3
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Line: 107
Source:
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