Table 2: Harvest Schedule Indexation Mechanism Fixed or Proportion of costs Cost component Variable Assumptions budgeting Fuels and Oils Variable Shell Terminal Gate Price (Melbourne) less GST Input Tax Credit less Off Road Ground-based: Use Rebate – Average price at 1 July. 14.0% Cable: 10.5% Labour Variable Timber Industry Award 2010 – Level 5 employee Ground-based: 28.0% Workers compensation, Victorian levy rate code A0303K (%) gazetted industry rate Cable: 35.0% Legislated rate for superannuation contributions by employer Parts, Tyres, Repairs Variable ABS Producer Price Indexes Stage 1, Commodities (Domestic and Imports) Ground-based: and Maintenance Catalogue 6427. 11.9% Cable: 10.5% Finance and Variable ABS Consumer Price Index, Insurance (Miscellaneous) Catalogue 6401 Ground-based: Insurance 11.9% Cable: 10.5% Administration and Variable ABS Consumer Price Index, all groups, and all capital cities Ground-based: Overheads 4.2% Cable: 3.5% Capital component – Variable Adjusted each year in line with other costs 30.0% depreciation Table 3: Haulage Schedule Indexation Mechanism
Table 2: Harvest Schedule Indexation Mechanism Cost component Fixed or Variable Assumptions Proportion of costs budgeting Fuels and Oils Variable Shell Terminal Gate Price (Melbourne) less GST Input Tax Credit less Off Road Use Rebate – Average price at 1 July. Ground-based: 14.0% Cable: 10.5% Labour Variable Timber Industry Award 2010 – Level 5 employee Workers compensation, Victorian levy rate code A0303K (%) gazetted industry rate Legislated rate for superannuation contributions by employer Ground-based: 28.0% Cable: 35.0% Parts, Tyres, Repairs and Maintenance Variable ABS Producer Price Indexes Stage 1, Commodities (Domestic and Imports) Catalogue 6427. Ground-based: 11.9% Cable: 10.5% Finance and Insurance Variable ABS Consumer Price Index, Insurance (Miscellaneous) Catalogue 6401 Ground-based: 11.9% Cable: 10.5% Administration and Overheads Variable ABS Consumer Price Index, all groups, and all capital cities Ground-based: 4.2% Cable: 3.5% Capital component – depreciation Variable Adjusted each year in line with other costs 30.0% Table 3: Haulage Schedule Indexation Mechanism