House debates

Thursday, 1 June 2023

Bills

Excise Tariff Amendment (Product Stewardship for Oil) Bill 2023, Customs Tariff Amendment (Product Stewardship for Oil) Bill 2023; Second Reading

10:57 am

Photo of Tanya PlibersekTanya Plibersek (Sydney, Australian Labor Party, Minister for the Environment and Water) Share this | Hansard source

I'd like to thank those who have contributed to the debate on both bills, the Customs Tariff Amendment (Product Stewardship for Oil) Bill 2023 and the Excise Tariff Amendment (Product Stewardship for Oil) Bill 2023. These two pieces of legislation will ensure the environmentally sustainable management of used oil is funded by those who benefit from the use of that oil. They will do this by ensuring the customs and excise tariffs collected on relevant oils are sufficient to fund their end-of-life management costs, reducing the burden on taxpayers. This will have a minor impact on oil users, with the cost of an oil change for an average car rising by about 28 cents.

The continuing success of this scheme is vital to protecting our soils and our waterways. It's also essential in ensuring Australia has an effective oil recycling sector to turn waste oil into new oil, supporting our circular economy.

Question agreed to.

Bill read a second time.

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