ARTICLE · 21 SEPTEMBER 1998

Election Watch - Labor's Resources And Energy Policy

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The Leader of the Opposition and the Shadow Minister for Resources & Energy released Labor's platform for the resources and energy sector on 16 September 1998. Some of the initiatives proposed include:

review of the post August 2001 position of taxation on the income derived from the sale of a miner's or prospector's right (currently retrospectively applied)

retain the Diesel Fuel Rebate Scheme and not cap the aggregate rebate

exempt from FBT, remote area housing provided by miners to their employees

effect a five year exemption for excise for Liquefied Petroleum Gas and Compressed Natural Gas on coming to office

broaden the existing Infrastructure Rebate to cover investments such as gas, electricity, renewable energy projects and gas pipelines

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