VOCA

An aviation researcher, writer, aviation participant, pilot & agricultural researcher. Author of over 35 scientific publications world wide.

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How much will be saved on excise and will CASA ask for more money???

The following is from the 2nd December 2013 Senate Hansard:

Customs Tariff Amendment (Carbon Tax Repeal) Bill 2013
First Reading
Bill received from the House of Representatives.

Senator FIFIELD (Victoria—Manager of Government Business in the Senate and Assistant Minister for Social Services) (20:51): I move:
That this bill may proceed without formalities and be now read a first time.
Question agreed to.
Bill read a first time.

Second Reading
Senator FIFIELD (Victoria—Manager of Government Business in the Senate and Assistant Minister for Social Services) (20:51): I move:
That this bill be now read a second time.
I seek leave to have the second reading speech incorporated in Hansard.
Leave granted.

The speech read as follows—

The Customs Tariff Amendment (Carbon Tax Repeal) Bill 2013 amends the Customs Tariff Act 1995 to remove the elements of this act that were legislated by the former government to apply the carbon tax through the fuel tax and excise system.
Importantly, this will reduce the increase in excise-equivalent customs duty on aviation gasoline and aviation turbine fuel that represents an equivalent to the carbon tax applied to Australian imports.
Currently, Qantas imposes a carbon price surcharge of between $1.93 and $7.25 per passenger on all domestic flights, depending on the distance travelled. Virgin Australia imposes similar surcharges.

The repeal of the carbon tax will reduce one of the major components of airline costs, and enable airlines to pass on a significant saving to travellers.
Debate adjourned.
Ordered that the resumption of the debate be made an order of the day for a later hour.

Excise Tariff Amendment (Carbon Tax Repeal) Bill 2013
First Reading
Bill received from the House of Representatives.

Senator FIFIELD (Victoria—Manager of Government Business in the Senate and Assistant Minister for Social Services) (20:52): I move:
That this bill may proceed without formalities and be now read a first time.
Question agreed to.
Bill read a first time.

Second Reading
Senator FIFIELD (Victoria—Manager of Government Business in the Senate and Assistant Minister for Social Services) (20:52): I move:
That this bill be now read a second time.
I seek leave to have the second reading speech incorporated in Hansard.
Leave granted.

The speech read as follows—

This bill, which amends the Excise Tariff Act 1921, reduces the increase in excise on aviation gasoline and aviation turbine fuel that is applied when an equivalent carbon tax is applied to Australian manufactured fuels.
An estimated $196 million was raised in 2012-13 by applying the carbon charge to aviation fuel.

This bill will reduce one of the major components of airline costs, which can be passed on to travellers and consumers.

The bill also reduces the act’s complexity by removing references and notes associated with the imposition of the carbon tax.

Senator FIFIELD: I seek leave to continue my remarks later.

Leave granted; debate adjourned.
Ordered that the resumption of the debate be made an order of the day for a later hour.