Parliament’s Northern Australia Committee Thur 4.9.2014, tabled in both Houses its final report on the development of Northern Australia, titled Pivot North. The Committee was tasked with the important role of helping to define the future of Australia’s North.
The report made 42 recommendations including investigation of the potential and practicality of special economic zones, and a review of the Zone tax rebate system. The report also addressed growing concerns over FIFO employment, recommending improved taxation arrangements to encourage local employment in the resources sector.
[LTN 171, 4/9/14]