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

I move:

That this bill be now read a second time.

I seek leave to have the second reading speech incorporated in Hansard.

Leave granted.

The speech read as follows—

The Passenger Movement Charge Amendment Bill (No. 2) 2016 gives effect to the Government's commitment that the rate of the passenger movement charge of $60 applying from 1 July 2017 will not increase for a minimum period of five years from this date.

This commitment was made to One Nation Senators during passage of the Passenger Movement Charge Amendment Bill 2016 which was passed by the Senate last week. That Bill increased the passenger movement charge from $55 to $60 from 1 July 2017.

This is the first time the passenger movement charge has been increased since 2012. The $5 increase is broadly in line with the increase in the consumer price index between 2012 and 2017.