Senate debates

Monday, 19 March 2018

Bills

Treasury Laws Amendment (Junior Minerals Exploration Incentive) Bill 2017; In Committee

1:00 pm

Photo of Deborah O'NeillDeborah O'Neill (NSW, Australian Labor Party, Shadow Assistant Minister for Innovation) Share this | Hansard source

Labor will support these government amendments to the Treasury Laws Amendment (Junior Minerals Exploration Incentive) Bill. The first amendment will be to the 2017-18 credit year, as indicated by the minister, reflecting the date on which the bill passes the parliament. The start date of the scheme is linked to royal assent, and that is appropriate and Labor will support it. The other amendment, we understand, is to clarify the use and availability of credits by junior explorers, according to the intent of the bill. Therefore, Labor will also support that amendment.

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