Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Link to this | Hansard source

asked the Minister representing the Treasurer, upon notice, on 18 May 2011:

For each financial year from 2012-13 to 2021-22, what are the expenditure estimates or projections for each specific measure related to the imposition of the Mineral Resources Rent Tax, including:

(a) the proposed increase in the Superannuation Guarantee levy, from 9 per cent to 12 per cent;

(b) the proposed Regional Infrastructure Fund;

(c) the proposed reduction in the company tax rate; and

(d) any other proposed related measures.

Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Link to this | Hansard source

The Treasurer has provided the following answer to the honourable senator's question:

Estimates of the impact of budget measures have been provided in the Budget papers for the relevant forward estimates period, as required under the Charter of Budget Honesty Act 1998. Treasury does not, in general, undertake costings beyond the forward estimates as these estimates are generally not deemed to be sufficiently reliable for budgeting purposes.