Backpacker tax passes Senate with Greens support

Written on the 6 December 2016

Backpacker tax passes Senate with Greens support

The backpacker tax has passed the Senate after the Greens agreed to a deal to support the Coalition's preferred 15 per cent backpacker tax rate in exchange for significant concessions from the Government.

The Upper House approved the motion 43 votes to 19, bringing 18 months of uncertainty to an end.

In exchange for the Greens' support, the Government has agreed to scrap its plan to tax 95 per cent of backpackers' superannuation.

Instead, that rate will be set at 65 per cent.

The Coalition will also chip in an extra $100 million in Landcare funding under the last-minute deal.

The Opposition condemned the deal as "arrogant".

Read More...

Source:  ABC News


Upcoming Events

Latest news

Market Report - November 14, 2016

Market Report with Paul Wareing from Barclay Wells Ltd Well, I think it would be fair to say that the markets called the US election wrong on two fronts. Firstly , believing that a Trump win was barely plausible and secondly if it did happen the markets would go into free fall. Neither eventuated and the Dow Jones went on to record highs!...

Read More

Articles via RSS rss

Sign Up for the latest news & events

Does your business attract, recruit and retain staff by offering employment or work experience to young Aboriginal employees?
CLICK HERE to become a Working Together Employer of Choice.

 

Members

We are located at:

6 Napier Tce
(behind the Westpac bank)
Broome
WA 6725

Chamber office hours

Monday: 10am - 3pm
Tuesday: 10am - 2pm
Wednesday: 10am - 3pm
Thursday: 10am - 2pm
Friday: 10am - 2pm

Please ring for an appointment

Phone

(08) 9193 5553

After Hours

0410 967 509