Page 521 - Week 02 - Thursday, 14 May 1992

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- 3.11 -

The Commonwealth and the States should agree to consult in an ongoing Commonwealth-State forum on any proposals that frill impact financially on each other. As a first step in this process, the Commonwealth should negotiate with the States on eliminating the adverse budget impact of the Superannuation Guarantee Levy; and ensure the new petroleum resource rent tax arrangements operate on a revenue neutral basis for all States.

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