COMPENSATION MEASURES FOR TAXPAYERS

That this House welcomes the Government's compensation measures announced in July and implemented in September for those households which lost out due to the 2008-09 tax changes; notes that this action remunerated 4.2 million households which were net losers but still left 1.1 million households worse off; and further notes that this House looks forward to the Pre-Budget Report, believing the Government will honour its commitment to compensate the remainder of those who lost out when the original tax changes came into effect.