delete Primary Industries (Excise) Levies Amendment Regulations 2003 (No. 1)
This 2003 amendment modifies the Primary Industries (Excise) Levies Regulations, adjusting levy rates, definitions, or collection mechanisms for taxes on commodities produced by Australia's agriculture, mining, and forestry sectors.
Excise levies increase production costs, distort market incentives, and reduce international competitiveness. They impose disproportionate compliance burdens on remote and small-scale producers, contravening the principle that wealth is created by liberty and private property, not taxation. The unseen cost is reduced investment and output in Australia's most prosperous sectors.