May 28, 2015, 3:32 am
Policy Updates
Introduction of Alternative Fuels Legislation PDF Print E-mail
Thursday, 12 May 2011 12:51

The Assistant Treasurer, the Hon Bill Shorten, today introduced legislation into Parliament to implement the longstanding alternative fuels taxation policy.

The legislation phases in the taxation arrangements for liquefied petroleum gas (LPG), liquefied natural gas (LNG) and compressed natural gas (CNG) that were first announced by the Howard Government in 2004.

BAA Submission to Treasury’s Alternative Fuels Taxation Policy
Tuesday, 16 November 2010 10:00

implementpdfImplementation of Alternative Fuels Taxation Policy
Submission prepared by the Biofuels Association of Australia

"The following submission is in relation to the release of the Federal Government's 'Implementation of Alternative Fuels Taxation Policy' document of October 2010.

The Biofuels Association of Australia is the peak industry body for the Australian biofuels industry, representing ethanol and biodiesel producers, feedstock suppliers, technology providers, independent and major oil companies, equipment manufacturers, mining and construction companies and others.

The BAA believes that it is detrimental that the discussion paper only relates to the mechanisms of the excise implementation, rather than the policy itself."

Download the PDF to ready the entire document...

Budget Announcement: 50 per cent tax discount on alternative fuels PDF Print E-mail
Thursday, 13 May 2010 10:00

Following on from the announcements made on Tuesday's budget, the Assistant Treasurer, Senator Nick Sherry, and the Minister for Resources and Energy, Martin Ferguson MP, confirmed that the Rudd Government will complete the long-standing plan for a 50 per cent tax discount on alternative fuels such as ethanol and LPG.

As part of the implementation of the energy content based taxation of all fuels originally announced in the 2003-04 Budget of the Howard Government, the Rudd Government has now announced a new staged phasing in of the regime to address the sudden loss in the relative tax advantage of domestic ethanol compared to imported ethanol that would have occurred under the policy announced by the previous Government.