Bill
Excise Tariff Amendment (Carbon Tax Repeal) Bill 2013
lapsed, as at 2014-03-20. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2013-11-13
- second reading — 2013-11-13
- second reading — 2013-11-18
- second reading — 2013-11-19
- second reading — 2013-11-20
- second reading — 2013-11-21
- second reading — 2013-11-21
- committee — 2013-11-21
- third reading — 2013-11-21
- introduced — 2013-12-02
- second reading — 2013-12-02
- second reading — 2014-03-03
- second reading — 2014-03-04
- second reading — 2014-03-17
- second reading — 2014-03-17
- committee — 2014-03-17
- committee — 2014-03-20
- third reading — 2014-03-20
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2013-11-13.
This bill is part of a package that repeals the carbon tax.
The package would ban businesses from charging unfairly high prices for key goods like electricity and gas after the carbon tax ends, and give the ACCC powers to monitor prices.
A company that breaks the new price rules could face a maximum fine of 6,471 penalty units ($1,100,070), while an individual could be fined 1,295 penalty units ($220,150).
- Prohibits price exploitation for certain key goods after the carbon tax repeal.
- Gives the ACCC monitoring powers over prices during the transition period.
- Bans false or misleading representations about the effect of the carbon tax repeal on prices.
Businesses that supply key goods such as electricity and gas, and consumers who buy those goods.
Sources
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