Ministers for the Department of Infrastructure, Regional Development and Cities The Hon Michael McCormack MP Deputy Prime MinisterMinister for Infrastructure, Transport and Regional Development Senator the Hon Bridget McKenzie Minister for Regional ServicesMinister for SportMinister for Local Government and Decentralisation The Hon Alan Tudge MP Minister for Cities, Urban Infrastructure and Population The Hon Sussan Ley MP Assistant Minister for Regional Development and Territories The Hon Andrew Broad MP Assistant Minister to the Deputy Prime Minister The Hon Scott Buchholz MP Assistant Minister for Roads and Transport The Hon Barnaby Joyce MPFormer Deputy Prime MinisterFormer Minister for Infrastructure and Transport The Hon Dr John McVeigh MPFormer Minister for Regional Development, Territories and Local Government The Hon Keith Pitt MPFormer Assistant Minister to the Deputy Prime Minister The Hon Damian Drum MPFormer Assistant Minister to the Deputy Prime Minister Senator the Hon Fiona Nash Former Minister for Regional DevelopmentFormer Minister for Local Government and Territories The Hon Darren Chester MP Former Minister for Infrastructure and TransportFormer A/g Minister for Regional DevelopmentFormer A/g Minister for Local Government and Territories The Hon Warren Truss MP Former Deputy Prime Minister Former Minister for Infrastructure and Regional Development The Hon Paul Fletcher MP Former Minister for Urban Infrastructure and Cities The Hon Jamie Briggs MP Former Assistant Minister for Infrastructure and Regional Development

Cutting Shipping Levy Will Save Industry $9 Million a Year

Media Release

BUDGET INFRA 14/2014

13 May 2014

The Abbott Government will reduce the rate of the Protection of the Sea levy.

The decision will take effect from 1 July 2014 and will save ships visiting Australian ports around $9 million a year.

Removing the 2010 hike in the levy on ships entering ports will ease the cost of doing business in Australia and will put downward pressure on prices for consumers.

The former Labor Government increased the levy for shipping companies from 11.25 cents per net registered tonne to 14.25 cents to meet part of the cost of cleaning up the oil spill from the Pacific Adventurer, which occurred off the south east coast of Queensland in March 2009.

Since those costs have been more than met, the Coalition Government can reverse that increase.

The three cent reduction in the levy will help to tackle the competitive challenges the shipping industry faces.

The levy applies to ships of more than 24 metres in length entering an Australian port carrying more than 10 tonnes of oil in bulk as fuel or cargo.

It is payable quarterly and is used by the Australian Maritime Safety Authority to fund the National Plan for Maritime Environmental Emergencies.

The funds generated by the higher levy have been used to establish a $10 million pollution response reserve.

The Australian people have said they want a government that would fix the Budget and strengthen the economy. That is what we are doing.