Australia to be a Member of New International Body: The G20
October 11, 1999Productivity Commission Report: Impact of Competition Policy Reforms on Rural and Regional AustraliaÂ
October 14, 1999
NO.067
NO DISCREPANCY ON BUSINESS TAX FUNDING Outlined below is a comparison of the revenue estimates for the integrity and deferred measures outlined in the Governments announcement of 21 September and the estimate of the equivalent items in the Ralph Report.
The differences between the revenue estimates in Ralph and those in the Governments announcement stem from different dates when measures commence. In particular, the difference in 2000/2001 mainly arise from the Governments decision to tighten the 13-month prepayment rule as from the date of announcement compared with the Ralph recommendation that this should start from 1 July 2000. The differences in the other years mainly reflect timing changes associated with the deferred measures, particularly international measures. When the Government released the Report on 21 September it offered the Democrats a full briefing on costings. The offer has been repeated on a number of occasions and when it is conducted it will avoid any further misunderstanding. CANBERRA 13 October 1999 |