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Part 1: Revenue Measures

 

Table 1: Revenue measures since the 2015‑16 MYEFO(a)
  2015‑16 2016‑17 2017‑18 2018‑19 2019‑20
  $m $m $m $m $m
AGRICULTURE AND WATER RESOURCES          
Australian Pesticides and Veterinary Medicines Authority          
Streamlining Agricultural and Veterinary Chemicals Regulation(b)
Department of Agriculture and Water Resources          
Changes to Agricultural Production Levies 2.0 2.0 2.0 2.0
National Water Infrastructure Loan Facility(b) 1.1 2.5 7.2 19.5
Premium Border Clearance Services — establishment nfp nfp nfp nfp
Portfolio total 3.1 4.5 9.2 21.5
COMMUNICATIONS AND THE ARTS          
Australian Communications and Media Authority          
Broadcast Licence Fees — reduction ‑48.4 ‑48.4 ‑48.4 ‑48.4
Portfolio total ‑48.4 ‑48.4 ‑48.4 ‑48.4
CROSS PORTFOLIO          
Various Agencies          
Property Services Coordinated Procurement nfp nfp nfp
Portfolio total
DEFENCE          
Department of Defence          
Operation Accordion — extension(b) 4.9
Operation Highroad — extension(b) 0.4
Operation Okra — extension(b) 9.8
Portfolio total 15.1
EDUCATION AND TRAINING          
Department of Education and Training          
Higher Education Reform — further consultation(b) ‑0.3 382.9 367.2 ‑33.4 ‑78.8
Portfolio total ‑0.3 382.9 367.2 ‑33.4 ‑78.8
EMPLOYMENT          
Comcare          
Asbestos Safety Assurance Model — extension and cost recovery(b) nfp nfp nfp nfp nfp
Department of Employment          
Seacare Scheme — cost recovery arrangements - nfp nfp nfp nfp
Portfolio total
ENVIRONMENT          
Clean Energy Finance Corporation          
Clean and Renewable Energy Innovation — Clean Energy Finance Corporation and the Australian Renewable Energy Agency(b) 3.0 10.1 26.3 63.0 106.1
Department of the Environment          
Environment Protection and Biodiversity Conservation — revised charging arrangements ‑2.2 ‑1.6 ‑1.2 ‑1.0
Fuel Quality Standards — revised charging arrangements 0.1 .. .. 0.1
Portfolio total 3.0 8.0 24.8 61.8 105.2
FINANCE          
Department of Finance          
Commonwealth Non‑Defence Property Divestment Program — extension(c) - nfp nfp nfp nfp
National Disability Insurance Scheme Savings Fund(b) .. 1.1 2.4 ‑20.2
Property Services Coordinated Procurement
Portfolio total .. 1.1 2.4 ‑20.2
FOREIGN AFFAIRS AND TRADE          
Department of Foreign Affairs and Trade          
Notarial Fees — increase 5.9 12.9 14.2 15.5
Passport Fees — supporting consular services 24.2 47.5 48.7 52.5
Portfolio total 30.1 60.5 62.8 68.1
HEALTH          
Australian Aged Care Quality Agency          
Aged Care — extending funding for unannounced compliance site visits to aged care providers ‑10.1
Department of Health          
Healthier Medicare — enhanced Medicare compliance program(b) 13.0 15.6 18.2 20.8
Improving the Regulation of Therapeutic Goods in Australia(b) ‑0.1 1.7 3.7 3.7
Medicare Benefits Schedule and Pharmaceutical Benefits Scheme Data — efficiencies 0.1 0.1 0.1 0.1
National Disability Insurance Scheme Savings Fund(b) 416.2 0.6 5.4 ‑216.2 ‑435.1
Operational Costs for Cardiac and Breast Device Registries(b) .. .. .. ..
Pharmaceutical Benefits Scheme — new and amended listings(b) nfp nfp nfp nfp nfp
Portfolio total 416.2 3.4 22.7 ‑194.3 ‑410.6
IMMIGRATION AND BORDER PROTECTION          
Department of Immigration and Border Protection          
A Streamlined Pathway to Permanent Residence for New Zealand Citizens(b) .. .. .. .. ..
Australian Trusted Trader Programme(b)
Enhanced Project By‑law Scheme — closure 60.0 60.0 50.0 50.0
Enhancing Tourism — further reforms to tourist visas 0.2 0.4 0.4 0.4
Onshore Immigration Detention Network — consolidation(b) nfp
Premium Border Clearance Services — establishment nfp nfp nfp nfp
Removal of the Special Duty on Imported Used Vehicles .. ..
Tobacco Excise — measures to improve health outcomes and combat illicit tobacco 685.0 1,540.0 2,460.0
Trans‑Pacific Partnership Agreement ‑25.0 ‑50.0 ‑60.0 ‑60.0
World Trade Organization — Information Technology Agreement .. .. ‑20.0 ‑60.0
Portfolio total 35.2 695.4 1,510.4 2,390.4
INDUSTRY, INNOVATION AND SCIENCE          
Northern Australia Infrastructure Facility          
Establishment of the Northern Australia Infrastructure Facility(b) 10.1 10.1 10.1 10.1
Portfolio total 10.1 10.1 10.1 10.1
INFRASTRUCTURE AND REGIONAL DEVELOPMENT          
Australian Maritime Safety Authority          
National System for Domestic Commercial Vessel Safety — staged implementation of cost recovery 0.2 0.2 0.2 0.2
Portfolio total 0.2 0.2 0.2 0.2
SOCIAL SERVICES          
Department of Human Services          
Australian Hearing Services — a strong and viable future(b) 2.2
Compulsory Rent Deduction Scheme — establishment(b) nfp nfp nfp nfp nfp
Medicare Benefits Schedule and Pharmaceutical Benefits Scheme Data — efficiencies
National Disability Insurance Agency          
Mobility Allowance — transition to the National Disability Insurance Scheme(b) .. ‑1.0 ‑2.1 ‑2.9
National Disability Insurance Scheme Savings Fund(b) ‑96.2 ‑163.3 ‑761.3 ‑1,552.6
Portfolio total ‑94.0 ‑164.3 ‑763.4 ‑1,555.6
TREASURY          
Australian Prudential Regulation Authority          
Australian Prudential Regulation Authority — modernising data capabilities(c) 2.4 3.1 2.3 3.3
Australian Securities and Investments Commission — improving outcomes in financial services(b) 37.0 46.3 25.2 12.9
Superannuation Complaints Tribunal — sustaining and modernising functions(b) 5.2
Australian Securities and Investments Commission          
Asia Region Funds Passport(b) 0.4 0.9 0.9 0.9
Ten Year Enterprise Tax Plan — implementing a new suite of collective investment vehicles 0.2 0.2 0.2
Australian Taxation Office          
Applying GST to Low Value Goods Imported by Consumers 70.0 100.0 130.0
Broadcast Licence Fees — reduction 10.0 10.0 10.0
Income Tax Relief for Australian Defence Force Personnel Deployed Overseas .. ‑0.1 ..
Indirect Tax Concession Scheme — diplomatic, consular and international organisation concessions .. .. .. .. ..
National Innovation and Science Agenda          
— expanding tax incentives for early‑stage investors ‑15.0 ‑15.0 ‑15.0
— expanding the new arrangements for venture capital limited partnerships * * *
Operation Accordion — extension(b) ‑8.2 ‑4.4
Operation Highroad — extension(b) ‑2.6 ‑1.4
Operation Manitou — extension(b) ‑4.7 ‑2.5
Operation Okra — extension(b) ‑16.1 ‑8.5
Personal income tax — increasing the Medicare levy low‑income thresholds ‑100.0 ‑60.0 ‑60.0 ‑60.0
Philanthropy — updates to the list of specifically listed deductible gift recipients .. ‑0.1 ‑0.1 ‑0.1
Superannuation Reform Package          
— allow catch‑up concessional superannuation contributions ‑100.0 ‑250.0
— harmonising contribution rules for those aged 65 to 74 ‑40.0 ‑40.0 ‑50.0
— improve superannuation balances of low income spouses ‑5.0 ‑5.0
— introduce a $1.6 million superannuation transfer balance cap 550.0 700.0 750.0
— introduce a lifetime cap for non‑concessional superannuation contributions .. 50.0 100.0 150.0 250.0
— introducing a Low Income Superannuation Tax Offset (LISTO) ‑600.0 ‑700.0
— reforming the taxation of concessional superannuation contributions 500.0 800.0 1,150.0
— remove the anti‑detriment provision in respect of death benefits from superannuation 105.0 245.0
— strengthen integrity of income streams .. 190.0 220.0 230.0
— tax deductions for personal superannuation contributions 350.0 ‑600.0 ‑750.0
Tax Integrity Package          
— a new diverted profits tax 100.0 100.0
— better protecting tax whistleblowers * *
— broadening the securitised asset measure * * * *
— deferred tax liabilities * * * *
— establishing the Tax Avoidance Taskforce 77.4 767.7 1,283.8 1,610.0
— implementing the OECD hybrid mismatch arrangement rules * *
— increasing administrative penalties for significant global entities * * *
— strengthening transfer pricing rules * * * *
Ten Year Enterprise Tax Plan          
— better targeting the deductible liabilities measure ‑150.0 ‑45.0 ‑40.0 ‑35.0
— business simplification — taxation of financial arrangements — regulation reform * * *
— enhancing access to asset backed financing * *
— excise refund scheme for distillers ‑3.0 ‑3.0 ‑3.0
— implementing a new suite of collective investment vehicles * * *
— increase the small business entity turnover threshold ‑295.0 ‑700.0 ‑550.0 ‑650.0
— increase the unincorporated small business tax discount ‑150.0 ‑150.0 ‑150.0
— reducing the company tax rate to 25 per cent ‑400.0 ‑500.0 ‑800.0 ‑950.0
— targeted amendments to Division 7A *
— targeted personal income tax relief ‑800.0 ‑950.0 ‑1,050.0 ‑1,150.0
— wine equalisation tax rebate integrity and wine tourism funding 50.0 70.0 180.0
Tobacco Excise — measures to improve health outcomes and combat illicit tobacco 75.0 155.0 245.0
Portfolio total ‑1,604.3 233.4 ‑290.7 149.3
Decisions taken but not yet announced 0.3 6.9 ‑170.5 ‑143.9 ‑118.0
Total impact of revenue measures(d) 419.2 ‑1,250.7 1,037.9 160.1 533.4

*  The nature of the measure is such that a reliable estimate cannot be provided.

..  Not zero, but rounded to zero.

-  Nil.

nfp  not for publication.

(a) A minus sign before an estimate indicates a reduction in expenses, no sign before an estimate indicates increased expenses.

(b) Details of these measures can be found under Part 1: Revenue measures.

(c) Details of these measures can be found under Part 3: Capital measures.

(d) Measures may not add due to rounding.