Senator Warwick Parer, Minister for Resources and Energy, launched the Coalition's Minerals and Energy Policy on 22 September 1998. Some of the policy initiatives include:
- cost savings from the tax reform package, ie GST FBT exemption for employer provided housing in remote areas maintain a 5 year rolling exemption from fuel excise for liquefied petroleum gas
- review and reform of petroleum taxation and simplifying the Petroleum (Submerged Lands) Act
- spend $33 million over 4 years to identify new oil zones in the frontier areas of our waters, and
- corporatisation of the Snowy Mountains Scheme.
Liability is limited by the Accountant's Scheme under the Professional Standards Act 1994 (NSW)
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information please contact:
Click Contact Link Coopers & Lybrand Tower 580 George Street Sydney 2000 Australia Tel No: +61 29 28 57 777 Fax No: +61 29 26 18 777 E-mail: Click Contact Link
Visit the PricewaterhouseCoopers in Australia website at Click Contact Link