Commonwealth of Australia Explanatory Memoranda

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PASSENGER MOVEMENT CHARGE AMENDMENT BILL 2012

                        2010-2011-2012



 THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA



               HOUSE OF REPRESENTATIVES




PASSENGER MOVEMENT CHARGE AMENDMENT BILL 2012




    SUPPLEMENTARY EXPLANATORY MEMORANDUM




    Amendments to be Moved on Behalf of the Government




    (Circulated by authority of the Minister for Home Affairs,
                the Honourable Jason Clare MP)
         PASSENGER MOVEMENT CHARGE AMENDMENT BILL 2012


OUTLINE

1. The purpose of this amendment is to remove indexation of passenger
   movement charge (PMC).

2. Indexation of PMC based on CPI was originally proposed to occur from
   1 July 2013, however, this will no longer occur. This amendment will provide
   certainty for the tourism industry over the cost of the PMC in future years.

3. The proposed increase of PMC from $47 to $55 will still occur from 1 July
   2012.


FINANCIAL IMPACT STATEMENT


4. The increase of the existing $47 PMC to $55 without indexation is expected to
   result in an increase in revenue of $485 million over the fours years from
   2012-13.




Page 2   Passenger Movement Charge Amendment Bill 2012
        PASSENGER MOVEMENT CHARGE AMENDMENT BILL 2012


NOTES ON AMENDMENTS

Amendment 1

1. This amendment omits and substitutes item 1 of Schedule 1.

2. The effect of this amendment is to remove the proposed indexation of PMC
   from 1 July 2013.

3. The increase of PMC from $47 to $55 from 1 July 2012 will remain.




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