Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

Firstly, I would like to thank those senators who have contributed to the debate on the Tax and Superannuation Laws Amendment (2014 Measures No. 6) Bill 2014. This bill will implement a range of improvements to Australia's tax laws, helping to clear the backlog of 92 unenacted tax and superannuation measures that we inherited when we came to government. It will also make sure that businesses that are entitled to fuel tax credits can claim them at a higher rate as a result of the government's tariff proposal that reintroduces fuel duty indexation to provide a predictable and growing source of revenue that the Commonwealth will use to deliver road infrastructure projects. This will help to give Australian businesses the certainty they need to get on with doing business and creating opportunity. It will assist businesses by reducing the costs of transporting goods around the country. With those few words, I commend the bill to the Senate.

Question agreed to.

Bill read a second time.