Australia Parliament debates junior exploration tax incentive

The legislative debate in the federal Parliament to implement the Junior Minerals Exploration Tax Incentive (JMEI) is to resume on Tuesday evening, potentially bringing the incentive one step closer to implementation. Association of Mining and Exploration Companies (AMEC) CEO Warren Pearce said that the Amendment Bill would implement the Prime Minister’s commitment that A$100-million of direct tax offsets would become available over four years.