Securing Australia’s Energy Future
The CMPA recently received the Australian Government’s “Energy White Paper,” which details how Australia will continue its tradition of providing reliable and competitively priced energy to industry and households and, at the same time, improve the sustainability of energy production and use.
The Energy White Paper details all aspects of energy and its management, while constantly applying the themes of prosperity, security and sustainability.
Key points within the paper that impact upon our member’s businesses include the following:
- Quarrying and extractive industries have been identified as business types that will receive a full excise credit. This will occur in two stages being 50% credit from 1/7/08 and 100% credit from 1/7/12.
- Excise rates will be changed as of 1/7/11 (see table below)
- Excise relief will be made available to all on-road vehicles with a mass of 4.5 tonnes and above. All existing conditions will be removed, however users of heavy diesel trucks and buses will need to meet one of the following criteria:
- all vehicles manufactured since 1st January, 1996
- vehicles that are part of an accredited audited maintenance programme
- vehicles that pass the in-service emission standard set by the Australian Transport Council, and referred to in the National Environment Protection (Diesel Vehicle Emissions) Measure agreed in 2001 between the Australian Government and all state and territory Governments
- vehicles which comply with a simple Australian government–endorsed maintenance schedule that includes an emissions component, which will be developed in consultation with the transport industry
- vehicles owned by primary producers that are used in their owners’ primary production business activity.
- Removal of fuel excise on fuels used for power generation from 1/7/2004.
- A proportion of the excise will be separated and identified as a road users charge. This portion will not be claimable.
If you would like a summary of the paper or the document itself, please do not hesitate in contacting the Secretariat.
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