Senate debates

Wednesday, 23 November 2016

Bills

Income Tax Rates Amendment (Working Holiday Maker Reform) Bill 2016, Treasury Laws Amendment (Working Holiday Maker Reform) Bill 2016, Superannuation (Departing Australia Superannuation Payments Tax) Amendment Bill 2016, Passenger Movement Charge Amendment Bill 2016; Second Reading

7:12 pm

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

I would like to thank those senators who have contributed to this debate. This is an important package of bills that delivers on the government's commitment to get the policy right for working holiday-makers, a critical source of labour for the agriculture sector. (Quorum formed)

As I was saying, this important package of bills delivers on the government's commitment to get the policy right for working holiday-makers, a critical source of labour for the agricultural, tourism and hospitality sectors. It is important that Australia remain a competitive jurisdiction for working holiday-maker visitors, and this package achieves this by simplifying the income tax schedules that apply to working holiday-makers and reducing visa fees. Importantly, this package achieves this without adversely affecting the budget bottom line, consistent with the government's commitment to arresting debt and deficit. I commend these bills to the Senate.

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