Bill
Excise Tariff Amendment (Carbon Tax Repeal) Bill 2013 [No. 2]
lapsed, as at 2014-07-10. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2014-06-23
- second reading — 2014-06-23
- second reading — 2014-06-26
- second reading — 2014-06-26
- third reading — 2014-06-26
- introduced — 2014-07-07
- second reading — 2014-07-07
- second reading — 2014-07-07
- second reading — 2014-07-08
- second reading — 2014-07-09
- second reading — 2014-07-09
- committee — 2014-07-09
- committee — 2014-07-10
- committee — 2014-07-10
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 2014-06-23.
This bill is part of a package that would repeal the carbon tax and introduce new consumer protections.
The package would give the ACCC powers to monitor prices of key goods like electricity and gas and to prohibit price exploitation related to the carbon tax repeal.
Companies that break the new price exploitation rules could face penalties of up to 6,471 penalty units ($1,100,070) and individuals up to 1,295 penalty units ($220,150).
- Creates a ban on businesses exploiting prices for key goods because of the carbon tax repeal.
- Gives the ACCC new powers to watch prices of certain goods before and after the carbon tax is removed.
- Bans companies from making false or misleading claims about how the carbon tax repeal affects prices.
Businesses that supply key goods such as electricity and gas, and consumers who buy those goods.
Sources
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