Slade Brockman (WA, Deputy-President) | Link to this | Hansard source

Pursuant to order agreed to on Tuesday, the time allotted for debate on these bills and two further bills has expired. I'll now put the question before the chair and then put the questions on the remaining stages of the bill.

I will begin with amendments (3) and (4) on sheet 3882, moved by Senator Chandler, to the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026. The question is that schedules 1 and 2 stand as printed.

Slade Brockman (WA, Deputy-President) | Link to this | Hansard source

As the last question was resolved in the affirmative, the consequential amendment on sheet 3882 will not be put. For clarity, as the One Nation amendments on sheet 3881 are identical to opposition amendments which were negatived, the question on the One Nation amendments will not be put. I will now deal with the amendments circulated by the government. We move to sheet AU131. The question is that the amendments on sheet AU131 be agreed to.

Government's circulated amendments to Treasury Laws Amendment (Tax Reform No. 1) Bill 2026

(1) Schedule 1, item 13, page 12 (line 6), omit "new residential dwellings etc.", substitute "new residential dwellings".

(2) Schedule 1, item 13, page 16 (line 6), omit "new residential dwellings etc.", substitute "new residential dwellings".

(3) Schedule 1, item 24, page 27 (line 12), omit "new residential dwellings etc.", substitute "new residential dwellings".

(4) Schedule 1, item 27, page 28 (lines 3 to 5), omit "a new residential dwelling, to the provision of affordable housing, or to other CGT assets of a kind determined by the Minister", substitute "a new residential dwelling or to the provision of affordable housing".

(5) Schedule 1, item 28, page 28 (line 8), omit "new residential dwellings etc.", substitute "new residential dwellings".

(6) Schedule 1, item 30, page 28 (line 26), omit "New residential dwellings etc.", substitute "New residential dwellings".

(7) Schedule 1, item 30, page 29 (lines 14 to 19), omit subsections 115-102(2) and (3), substitute:

CGT assets to which this section relates

(2) This subsection covers a *new residential dwelling.

(8) Schedule 1, item 42, page 32 (line 15), omit "new residential dwellings etc.", substitute "new residential dwellings".

(9) Schedule 1, item 42, page 32 (line 27), omit "new residential dwellings etc.", substitute "new residential dwellings".

(10) Schedule 1, item 58, page 40 (lines 24 and 25), omit "to ensure a rate of tax of 30% on those gains (before applying offsets)", substitute "to ensure, before applying offsets, a rate of tax of 30% on so much of those gains as remains after applying section 119-5".

(11) Schedule 1, item 58, page 41 (lines 12 to 15), omit subsection 119-5(1), substitute:

(1) Your minimum tax capital gain (if any) for an income year is worked out as follows:

(a) first, total the amounts of *capital gains (if any) covered by subsection (2) that are remaining after applying step 6 of the method statement in subsection 102-5(1);

(b) next, reduce the result of paragraph (a) (but not below nil) by the total amount (if any) you are entitled to deduct, for the income year, under any of the following:

(i) Division 30 (about gifts or contributions);

(ii) Division 31 (about conservation covenants).

(12) Schedule 1, item 58, page 41 (line 22), omit "new residential dwellings etc.", substitute "new residential dwellings".

(13) Schedule 1, item 58, page 42 (line 27) to page 43 (line 10), omit section 119-15, substitute:

119-15 Exception for recipients of certain payments

(1) Section 119-10 does not apply to you if you receive, at any time during the income year, a payment covered by any of subsections (2) to (5).

Social Security Act 1991 payments

(2) This subsection covers the following payments under the Social Security Act 1991:

(a) an age pension under Part 2.2 of that Act;

(b) an austudy payment under Part 2.11A of that Act;

(c) a carer payment under Part 2.5 of that Act;

(d) a disability support pension under Part 2.3 of that Act;

(e) a double orphan pension under Part 2.20 of that Act;

(f) a jobseeker payment under Part 2.12 of that Act;

(g) parenting payment under Part 2.10 of that Act;

(h) special benefit under Part 2.15 of that Act;

(i) youth allowance under Part 2.11 of that Act.

Other social support payments

(3) This subsection covers the following payments:

(a) family tax benefit under the A New Tax System (Family Assistance) Act 1999;

(b) a stillborn baby payment under the A New Tax System (Family Assistance) Act 1999;

(c) farm household allowance under Part 2 of the Farm Household Support Act 2014;

(d) parental leave pay under the Paid Parental Leave Act 2010;

(e) a payment under the scheme known as the ABSTUDY scheme that includes an amount identified as living allowance.

Veterans' Entitlements Act 1986 payments

(4) This subsection covers the following payments under the Veterans' Entitlements Act 1986:

(a) an age service pension under Division 3 of Part III of that Act;

(b) a carer service pension under former Division 6 of Part III of that Act, as saved by clause 8 of Schedule 5 to that Act;

(c) income support supplement under Part IIIA of that Act;

(d) an invalidity service pension under Division 4 of Part III of that Act;

(e) a partner service pension under Division 5 of Part III of that Act;

(f) a veteran payment under section 45SB of that Act;

(g) a pension under Part II or IV of that Act at a rate determined under or by reference to subsection 30(1) of that Act;

(h) a pension under Part II or IV of that Act at a rate determined under or by reference to paragraph 30(2)(a) or (b) of that Act;

(i) a pension under Part II or IV of that Act at a rate applicable under section 23, 24 or 25 of that Act.

Military Rehabilitation and Compensation Act 2004 payments

(5) This subsection covers the following payments under the Military Rehabilitation and Compensation Act 2004:

(a) a Special Rate Disability Pension under Part 6 of Chapter 4 of that Act;

(b) the weekly amount mentioned in paragraph 234(1)(b) of that Act, including a reduced weekly amount because of a choice under section 236 of that Act;

(c) a lump sum mentioned in subsection 236(5) of that Act.

(14) Schedule 1, page 45 (after line 25), after item 77, insert:

77A Subsection 152-10(1AA) (note)

Omit "Note", substitute "Note 1".

77B At the end of subsection 152-10(1AA)

Add:

Note 2: Disregard the $2 million threshold in paragraph (b) for working out the availability of the small business 50% reduction mentioned in Subdivision 152-C (see subsection 152-205(2)).

(15) Schedule 1, page 45 (after line 27), after item 78, insert:

78A Section 152-200

After "if the basic conditions in Subdivision 152-A are satisfied", insert "(assuming the $2 million threshold for a small business entity to be a CGT small business entity were disregarded)".

78B Section 152-205

Before "The amount", insert "(1)".

(16) Schedule 1, page 46 (after line 2), after item 79, insert:

79A At the end of section 152-205

Add:

(2) In working out for the purposes of subsection (1) whether the basic conditions in Subdivision 152-A are satisfied, disregard paragraph 152-10(1AA)(b).

(17) Schedule 1, item 82, page 47 (line 6), after "102", insert "or 152".

(18) Schedule 2, item 1, page 49 (line 18), omit ";", substitute ".".

(19) Schedule 2, item 1, page 49 (lines 19 to 21), omit paragraph 26-155(2)(d).

(20) Schedule 2, item 1, page 49 (after line 27), after subsection 26-155(3), insert:

(3A) Before determining an activity or purpose for the purposes of paragraph (2)(c), the Minister must be satisfied that determining the activity or purpose will assist in achieving one or more of the following objectives:

(a) improving availability of social or affordable housing;

(b) improving housing outcomes for one or more of the following:

(i) Aboriginal or Torres Strait Islander persons;

(ii) persons with a disability;

(iii) aged persons;

(iv) another class of persons suffering disadvantage.

(21) Schedule 2, item 1, page 49 (line 32), omit "; or", substitute ".".

(22) Schedule 2, item 1, page 49 (lines 33 and 34), omit paragraph 26-155(4)(c).

(23) Schedule 2, item 1, page 51 (line 26), omit ";", substitute ".".

(24) Schedule 2, item 1, page 51 (lines 27 and 28), omit paragraph 26-160(1)(e).

(25) Schedule 2, item 1, page 52 (line 20), omit ";", substitute ".".

(26) Schedule 2, item 1, page 52 (lines 21 and 22), omit paragraph 26-160(4)(e).

(27) Schedule 2, item 1, page 52 (after line 22), after subsection 26-160(4), insert:

(4A) Before determining requirements for the purposes of subsection (4), the Minister must be satisfied that determining the requirements will assist in achieving the objective of genuinely adding to the supply of residential dwellings in Australia.

(28) Schedule 3, item 1, page 56 (line 16), omit "(1)".

(29) Schedule 3, item 1, page 56 (lines 18 and 19), omit paragraph 61-160(1)(b), substitute:

(b) the amount that would be the amount of your basic income tax liability for the income year if your taxable income was comprised only of your net labour income worked out under subsection 61-155(2) for the income year.

(30) Schedule 3, item 1, page 56 (lines 20 and 21), omit subsection 61-160(2).

Question agreed to.

We're dealing with the amendments on sheet 3834. The question is the amendments be agreed to.

Australian Greens's circulated amendments to the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026—

(1) Schedule 2, item 1, page 49 (line 13), after "12 May 2026", insert "and in respect of which you have made an election under subsection (3A)".

(2) Schedule 2, item 1, page 49 (after line 27), after subsection 26-155(3), insert:

(3A) You may make an election for the purposes of paragraph (2)(a) in respect of one, and only one, *residential dwelling.

(3B) The election must be:

(a) in the *approved form; and

(b) given to the Commissioner.

(3C) The election can only be made once and cannot be varied or revoked.

Slade Brockman (WA, Deputy-President) | Link to this | Hansard source

I will now deal with the remaining Australian Greens amendments. The question is that the amendments on sheet 3886 be agreed to.

Australian Greens' circulated amendments to the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026

(1) Title, page 1 (line 2), after "taxation", insert "and superannuation".

(2) Clause 2, page 2 (after table item 6), insert:

(3) Page 65 (after line 25), at the end of the Bill, add:

Schedule 5 — Limited recourse borrowing arrangements

Superannuation Industry (Supervision) Act 1993

1 At the end of subsection 67 A( 2)

Add:

; and (c) for an asset that is real property—the asset is business real property (within the meaning of section 66 of this Act).

2 Application of amendment

(1) The amendment made by this Schedule applies in relation to arrangements entered into on or after the commencement of this Schedule under which money is borrowed, or borrowings of money are maintained, for the acquisition of assets.

(2) However, the amendment does not apply in relation to such an arrangement to the extent that:

(a) the arrangement is for maintaining (or refinancing) a borrowing of money under another arrangement entered into before that commencement; or

(b) the acquisition of the asset (to which the borrowing under the arrangement relates) happens under an arrangement entered into before that commencement.

Note: This item means each of the following continues to be covered by the exception in subsection 67A(1) of the Superannuation Industry (Supervision) Act 1993:

(a) a borrowing arrangement entered into before commencement;

(b) a refinancing arrangement covered by paragraph (2)(a);

(c) a borrowing arrangement for which the related asset is acquired under an arrangement entered into before that commencement (even if the settlement for the acquisition of the asset happens after that commencement).

Slade Brockman (WA, Deputy-President) | Link to this | Hansard source

I will now deal with amendments circulated by Senator David Pocock. The question is that the amendments on sheets 3869, 3872, 3873, 3874, 3875, 3876, 3877 and 3879 be agreed to.

Senator David Pocock's circulated amendments to the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026

SHEET 3869

(1) Clause 2, page 2 (table items 2 to 4), omit the table items.

(2) Omit Schedule 1 and incorporate it as an amending schedule to a separate bill (the second bill).

(3) Insert at the beginning of the second bill:

A Bill for an Act to amend the law relating to taxation, and for related purposes

The Parliament of Australia enacts:

1 Short title

This Act is the Treasury Laws Amendment (CGT Adjustments) Act 2026.

2 Commencement

(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 as effect according to its terms.

Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

(2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3 Schedules

Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

_____

SHEET 3872

(1) Clause 2, page 2 (table item 1), omit "to 3", substitute "to 4".

(2) Page 2 (after line 11), after clause 3, insert:

4 Independent review of amendments

Requirement to conduct review

(1) The Minister must cause an independent review to be conducted of the operation of the amendments made by this Act.

Timing of review

(2) The persons conducting the review must complete the review before 1 July 2029.

(3) For the purposes of subsection (2), the review is completed on the day the report of the review is given to the Minister.

Minister to be given report of review

(4) The persons conducting the review must give the Minister a written report of the review.

Minister to table copy of report of review

(5) The Minister must cause a copy of the report of the review to be tabled in each House of the Parliament within 15 sitting days of that House after the Minister receives the report.

_____

SHEET 3873

(1) Clause 2, page 2 (at the end of the table), add:

(2) Page 65 (after line 25), at the end of the Bill, add:

Schedule 5 — Small business instant asset write off

Income Tax Assessment Act 1997

1 Section 328-170

Omit "$1,000", substitute "$30,000".

2 Section 328-180 (heading)

Omit "$1,000", substitute "$30,000".

3 Paragraph 328-180(1)(b)

Omit "$1,000", substitute "$30,000".

4 Paragraph 328-180(2)(a)

Omit "$1,000", substitute "$30,000".

5 Paragraph 328-180(3)(a)

Omit "$1,000", substitute "$30,000".

6 At the end of section 328-180

Add:

(6) Any amount of $30,000 referred to in this section is indexed annually.

Note: Subdivision 960-M shows you how to index amounts.

7 Subsection 328-215(4)

Omit "$1,000", substitute "$30,000".

8 Subsection 328-250(1)

Omit "$1,000", substitute "$30,000".

9 Subsection 328-250(4) (heading)

Omit "$1,000", substitute "$30,000".

10 Subsection 328-253(4) (heading)

Omit "$1,000", substitute "$30,000".

11 Section 960-265 (after table item 12)

Insert:

Income Tax (Transitional Provisions) Act 1997

12 Subsection 328-180(4)

Omit "$1,000", substitute "$30,000".

13 Paragraph 328-180(4 A)( b)

Omit "$1,000", substitute "$30,000".

14 Subsection 328-180(5)

Omit "$1,000", substitute "$30,000".

15 Subsection 328-180(6)

Omit "$1,000", substitute "$30,000".

16 Subsection 328-181(2)

Omit "$1,000", substitute "$30,000".

17 Subsection 328-181(3)

Omit "$1,000", substitute "$30,000".

18 Subsection 328-181(5)

Omit "$1,000", substitute "$30,000".

_____

SHEET 3874

(1) Schedule 1, page 36 (after line 35), after item 46, insert:

46A Section 152-5

Omit "$6,000,000", substitute "$12,000,000".

46B Subsection 152-10(1AA)

Repeal the subsection, substitute:

(1AA) You are a CGT small business entity for an income year if you are a *small business entity for the income year.

Note: For the purposes of subsection (1A) or (1B), in determining whether an entity would be a small business entity, see also sections 152-48 and 152-78.

46C Section 152-15

Omit "$6,000,000", substitute "$12,000,000".

(2) Schedule 1, page 37 (after line 6), after item 47, insert:

47A Subsection 165-115 AA( 1)

Omit "$6,000,000", substitute "$12,000,000".

47B Subsection 165-115 GC( 4)

Omit "$6,000,000", substitute "$12,000,000".

47C Subparagraph 328-430(1)(d)(ii)

Omit ", or would be satisfied in that income year if paragraph 152-10(1AA)(b) were disregarded".

_____

SHEET 3875

(1) Schedule 1, item 30, page 29 (after line 13), after subsection 115-102(1), insert:

(1A) This section also applies to a *discount capital gain if:

(a) you are an individual; and

(b) neither section 115-105 nor 115-110 (about foreign or temporary residents) applies to the discount capital gain; and

(c) you make the discount capital gain from a *CGT event happening on or after 1 July 2027 in relation to a *CGT asset covered by subsection (3A).

(2) Schedule 1, item 30, page 29 (after line 19), after subsection 115-102(3), insert:

(3A) This subsection covers a *CGT asset in relation to which all of the following paragraphs apply:

(a) the CGT asset is *equity interests in the *shares of a company issued to you at a particular time;

(b) subsection 360-40(1) (about early stage innovation companies) applies to the company immediately after that time;

(c) the issue of those shares is an *acquisition of *ESS interests under an *employee share scheme.

(3) Schedule 1, item 30, page 29 (line 29), omit "the *discount capital gain", substitute "a *discount capital gain to which this section would otherwise apply because of that subsection".

(4) Schedule 1, item 30, page 30 (after line 4), at the end of section 115-102, add:

(6) Despite subsection (1A), you may choose for this section not to apply to a *discount capital gain to which this section would otherwise apply because of that subsection.

Note: Instead, the cost base of the CGT asset may be able to be indexed (see subsection 110-36(1A)).

_____

SHEET 3876

(1) Schedule 1, item 58, page 40 (line 24), after "30% on", insert "so much of".

(2) Schedule 1, item 58, page 40 (line 25), after "(before applying offsets)", insert "as exceeds $18,200".

(3) Schedule 1, item 58, page 41 (line 12), after "an income year is", insert "so much of".

(4) Schedule 1, item 58, page 41 (line 15), at the end of subsection 119-5(1), add "as exceeds $18,200".

_____

SHEET 3877

(1) Schedule 1, item 58, page 41 (after line 21), after paragraph 119-5(2)(a), insert:

(aa) the capital gain does not arise from a *CGT event happening in relation to a *CGT asset of a trust estate resulting from the will of a deceased individual; and

_____

SHEET 3879

(1) Schedule 1, page 36 (before line 30), before item 45, insert:

44B Before Division 130

Insert:

Division 129A — Capital gains averaging

Guide to Division 129A

129A-1 What this Division is about

This Division requires the Minister to make rules allowing capital gains made in an income year to be averaged over a 5-year period. The rules may set eligibility requirements and modify the operation of this Act to give effect to the capital gains averaging. The rules are legislative instruments.

Table of sections

Operative provisions

129A-5 Capital gains averaging

Operative provisions

129A-5 Capital gains averaging

(1) The Minister must, by legislative instrument, make such rules as are necessary to allow you to average any *capital gains you make in an income year over a 5-year period that includes the income year in which you make the gain.

(2) Without limiting subsection (1), the rules may:

(a) specify requirements that must be met, or circumstances that must exist, for the rules to apply to your *capital gains; or

(b) modify the operation of any provision of this Act; or

(c) include application, saving or transitional provisions.

(3) The first rules under subsection (1) must be made within 3 months of the commencement of this section.

Wendy Askew (Tasmania, Liberal Party) | Link to this | Hansard source

by leave—On behalf of Senator Lambie, can we please note that she was opposed to the amendments on sheet 3874?

Slade Brockman (WA, Deputy-President) | Link to this | Hansard source

Thank you, Senator Askew. I'll now deal with the amendment circulated by Jacqui Lambie Network and Senator David Pocock on sheet 3880, but, before putting the question on the amendment, I will deal with the amendments to the amendment circulated by One Nation. The question is that One Nation's amendments on sheet 3896 to Jacqui Lambie Network and Senator David Pocock's amendment on sheet 3880 be agreed to.

One Nation's circulated amendments to Jacqui Lambie Network and David Pocock's circulated amendment to the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026—

AMENDMENTS TO JACQUI LAMBIE NETWORK AND SENATOR DAVID POCOCK AMENDMENT [SHEET 3880]

(1) Amendment (1), item 1, heading to subsection (3A), omit "one residential dwelling" substitute "two residential dwellings".

(2) Amendment (1), item 1, subsection (3C), omit "one, and only one, *residential dwelling", substitute "up to 2 *residential dwellings".

(3) Amendment (1), item 1, after subsection (3D), insert:

(3DA) At any one time, you may have an election under subsection (3C) in force for a maximum of 2 *residential dwellings.

Slade Brockman (WA, Deputy-President) | Link to this | Hansard source

The question is now that the amendment from Jacqui Lambie Network and Senator David Pocock on sheet 3880 be agreed to.

Circulated amendment of Jacqui Lambie Network and Senator David Pocock to the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026

(1) Schedule 2, item 1, page 49 (after line 27), after subsection 26-155(3), insert:

Exception for one residential dwelling

(3A) For the purposes of subsection (1), disregard amounts you could otherwise deduct, and amounts of assessable income, to the extent those amounts relate to the using or holding of an *ownership interest in a *residential dwelling:

(a) that you *acquire on or after 7.30pm, by legal time in the Australian Capital Territory, on 12 May 2026; and

(b) in respect of which you have made an election under subsection (3C).

(3B) Despite subsection 118-130(2), for the purposes of paragraph (3A)(a) of this section, for a *residential dwelling that you *acquire under a contract, you have an *ownership interestin the residential dwelling from the time when you enter into the contract.

(3C) You may make an election for the purposes of paragraph (3A)(a) in respect of one, and only one, *residential dwelling.

(3D) An election under subsection (3C) must be:

(a) in the *approved form; and

(b) given to the Commissioner.

(3E) An election you make under subsection (3C) in respect of a *residential dwelling:

(a) cannot be varied; and

(b) remains in force until you cease holding an *ownership interest in the residential dwelling.

Slade Brockman (WA, Deputy-President) | Link to this | Hansard source

I will now deal with the requests for amendments to the Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026 circulated by One Nation. In accordance with the usual practice, the statements accompanying the requests circulated to this bill will be incorporated in Hansard. The question is that the requests for amendment on sheet 3895 be agreed to.

One Nation's circulated reques ts for amendment s to the Income Tax Rates Amendment (Tax Reform No. 1) Bill 202 6

That the House of Representatives be requested to make the following amendments:

(1) Schedule 1, heading, page 3 (line 1), omit "Amendments", substitute "Minimum tax on capital gains".

(2) Page 3 (after line 19), at the end of the Bill, add:

Schedule 2 — Indexation of income tax thresholds

Income Tax Rates Act 1986

1 Subsection 3(1)

Insert:

income tax threshold means the following amounts (subject to indexation under section 20A):

(a) the dollar amount mentioned in the definition of tax-free threshold in this subsection;

(b) each dollar amount mentioned in the table in clause 1 of Part I of Schedule 7 (table dealing with tax rates for resident taxpayers);

(c) each dollar amount mentioned in the table in clause 1 of Part II of Schedule 7 (table dealing with tax rates for non-resident taxpayers);

(d) each dollar amount mentioned in the table in clause 1 of Part III of Schedule 7 (table dealing with tax rates for working holiday makers).

2 At the end of Part II

Add:

Division 5 — Indexation of income tax thresholds

20A Indexation of income tax thresholds

Indexation

(1) On 1 July 2027 and each later 1 July (the indexation day), each income tax threshold is replaced by the amount worked out using the following formula:

(2) However, subsection (1) does not apply for an indexation day if the indexation factor for the indexation day is 1 or less.

(3) The amount worked out under subsection (1) is to be rounded to the nearest whole dollar (rounding 50 cents upwards).

Indexation factor

(4) The indexation factor for an indexation day is the number worked out using the following formula:

Note: For index number, reference quarter and base quarter see subsection (8).

(5) The indexation factor is to be worked out to 3 decimal places (rounding up if the fourth decimal place is 5 or more).

Changes to CPI index reference period and publication of substituted index numbers

(6) Amounts are to be worked out under this section:

(a) using only the index numbers published in terms of the most recently published index reference period for the Consumer Price Index; and

(b) disregarding index numbers published in substitution for previously published index numbers (except where the substituted numbers are published to take account of changes in the index reference period).

Publication of income tax thresholds

(7) The Commissioner must, by notifiable instrument, publish the amounts worked out under subsection (1) for an indexation day as soon as practicable before the indexation day.

Definitions

(8) In this section:

base quarter means the last March quarter before the reference quarter.

index number, for a quarter, means the All Groups Consumer Price Index number (being the weighted average of the 8 capital cities) published by the Australian Statistician for that quarter.

March quarter means a period of 3 months starting on 1 January.

reference quarter means the last March quarter before the indexation day.

3895-EM

Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026

(Request for amendments to be moved by Senator Hanson, on behalf of One Nation, in committee of the whole)

Statement pursuant to the order of   .the Senate of 26 June 2000

Amendments (1) and (2)

Amendments (1) and (2) are framed as requests because they amend a bill which imposes taxation within the meaning of section 53 of the Constitution. The Senate may not amend a bill imposing taxation.

The amendments should therefore be moved as requests.

Statement by the Clerk of the Senate pursuant   .to the order of the Senate of 26 June 2000

Amendments (1) and (2)

As this is a bill imposing taxation within the meaning of section 53 of the Constitution, any Senate amendments to the bill must be moved as requests. This is in accordance with the precedents of the Senate.

Slade Brockman (WA, Deputy-President) | Link to this | Hansard source

Pursuant to order, I will report the bill.

Treasury Laws Amendment (Tax Reform No. 1) Bill 2026 reported with amendments, including an amendment to the title of the bill; Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026 reported without amendment.

Sue Lines (President) | Link to this | Hansard source

Senator David Pocock has circulated an amendment to the motion that the report from the committee be adopted. I understand that Senator Chandler has circulated an amendment to Senator David Pocock's amendment. As this amendment was not circulated within the required timeframe, it can only be considered by leave. Senator Chandler, are you seeking leave to move the amendment?

Claire Chandler (Tasmania, Liberal Party, Shadow Minister for the Public Service) | Link to this | Hansard source

Yes, I am, President.

Leave not granted.

Sue Lines (President) | Link to this | Hansard source

The question is that Senator Pocock's amendment be agreed to.

The question now is that the remaining stages of the bill be agreed to, and the bills be now passed.