Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Scott Morrison MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| CPI | Consumer price index |
| SAPTO | Seniors and pensioners tax offset |
| Surcharge | Medicare levy surcharge |
| Threshold amount | Medicare levy and Medicare levy surcharge low-income threshold amount |