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TOTAL RESULTS: 741

• Treasury Laws Amendment (Modernising Business Communications and Other Measures) Bill 2023

  Track (What's this?)

  Date

  23 Nov 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Corporations Act 2001

  to: enable all documents under the Act to be signed electronically and for certain documents to be sent in either hard copy or electronic form; and provide that companies are not required to send documents to a member where contact details are known to be incorrect;

  Australian Prudential Regulation Authority Act 1998

  ,

  Australian Securities and Investments Commission Act 2001

  ,

  Competition and Consumer Act 2010

  ,

  National Consumer Credit Protection Act 2009

  and

  Tax Agent Services Act 2009

  to enable certain regulatory bodies to hold virtual hearings and examinations;

  Corporations Act 2001

  ,

  Excise Act 1901

  and

  Small Superannuation Accounts Act 1995

  to allow electronic payments to be used; 11 Acts to require notices in newspapers to be published in an accessible and reasonably prominent manner;

  Australian Securities and Investments Commission Act 2001

  ,

  Corporations Act 2001

  ,

  ASIC Supervisory Cost Recovery Levy Act 2017

  and

  Taxation Administration Act 1953

  to: remove erroneous references and redundant definitions; apply consistent headings to definitions sections; and make minor technical amendments;

  Corporations Act 2001

  ,

  National Consumer Credit Protection Act 2009

  and

  National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009

  to move five legislative instruments into primary law; and 15 Acts to make minor technical amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Australia-India Economic Cooperation and Trade Agreement Implementation) Bill 2022

  Track (What's this?)

  Date

  28 Sep 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  International Tax Agreements Act 1953

  to give legislative authority to the Australia-India Economic Cooperation and Trade Agreement to exclude from tax within Australia payments and credits made to Indian residents by Australian customers for technical services provided remotely that are covered by the Agreement. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (More Competition, Better Prices) Bill 2022

  Track (What's this?)

  Date

  28 Sep 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Competition and Consumer Act 2010

  to increase the maximum penalty applicable for anti-competitive behaviour and certain breaches of competition consumer law; and

  Competition and Consumer Act 2010

  and

  Australian Securities and Investments Commission Act 2001

  to: establish a civil penalty regime prohibiting the use of, and reliance on, unfair contract terms in standard form contracts; and expand the class of contracts that are covered by the unfair contract terms. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2022 Measures No. 3) Bill 2022

  Track (What's this?)

  Date

  08 Sep 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2022 and Income Tax Amendment (Labour Mobility Program) Bill 2022, the bill amends the:

  Foreign Acquisitions and Takeovers Act 1975

  to double the maximum financial penalties for contraventions of provisions that relate only to residential land;

  National Emergency Declaration Act 2020

  and

  Taxation Administration Act 1953

  to enable the disclosure of protected information to Australian government agencies for the purpose of administering major disaster support programs approved by the minister;

  Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020

  to extend the temporary mechanism which enables ministers to make alternative arrangements for meeting information and documentary requirements;

  Income Tax Assessment Act 1936

  and three other taxation Acts to reduce the tax on certain income earned by foreign resident workers participating in the Pacific Australia Labour Mobility scheme from 32.5 per cent to 15 per cent; and

  Superannuation Industry (Supervision) Act 1993

  to provide for a supplementary annual performance test for faith-based products. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2022 Measures No. 2) Bill 2022

  Track (What's this?)

  Date

  03 Aug 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Taxation Administration Act 1953

  to: require electronic platform operators to provide information on transactions to the Australian Taxation Office; enable small business entities to apply to the Administrative Appeals Tribunal (AAT) for an order staying, or otherwise affecting, the operation or implementation of decisions of the Commissioner of Taxation being reviewed by the AAT; and enable the commissioner to direct an entity to complete an approved recordkeeping course as an alternative to financial penalties where they reasonably believe the entity has failed to comply with its tax-related recordkeeping obligations;

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to make consequential amendments;

  Fringe Benefits Tax Assessment Act 1986

  ,

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to remove the $250 non-deductible threshold for work-related self-education expenses; and

  Income Tax Assessment Act 1997

  to enable individuals aged 55 and above to make downsizer contributions to their superannuation plan from the proceeds of selling their main residence. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2022 Measures No. 1) Bill 2022

  Track (What's this?)

  Date

  27 Jul 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to provide an income tax exemption for certain recovery grants made to small businesses and primary producers impacted by Cyclone Seroja in April 2021;

  Treasury Laws Amendment (Putting Consumers First—Establishment of the Australian Financial Complaints Authority) Act 2018

  to facilitate the closure and transitional arrangements associated with the Australian Financial Complaints Authority (AFCA) replacing the Superannuation Complaints Tribunal (SCT);

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to provide income tax and withholding tax exemptions for the International Federation of Association Football (FIFA) and its wholly owned subsidiary established for the purpose of delivering the 2023 FIFA Women's World Cup. Also makes minor and technical amendments to 12 Acts. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Electric Car Discount) Bill 2022

  Track (What's this?)

  Date

  27 Jul 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Fringe Benefits Tax Assessment Act 1986

  to exempt from fringe benefits tax the use, or availability for use, of cars made available by employers to current employees that are zero or low emissions vehicles with a value at first retail sale below the luxury car tax threshold for fuel efficient vehicles. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Cost of Living Support and Other Measures) Bill 2022

  Track (What's this?)

  Date

  30 Mar 2022 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the Excise Tariff Amendment (Cost of Living Support) Bill 2022 and Customs Tariff Amendment (Cost of Living Support) Bill 2022, the bill amends the:

  A New Tax System (Medicare levy Surcharge—Fringe Benefits) Act 1999

  and

  Medicare Levy Act 1986

  to: increase the Medicare levy and Medicare levy surcharge low-income threshold amounts for individuals, families and individual taxpayers and families eligible for the seniors and pensioners tax offset; and increase the phase-in limits as a result of the increased threshold amounts;

  Income Tax Assessment Act 1997

  to: provide an income tax deduction for taxpayers who incur relevant COVID-19 testing expenses in gaining or producing their assessable income; update the list of deductible gift recipients to include six new entities; and increase the low and middle income tax offset by $420 for the 2021-22 financial year;

  Corporations Act 2001

  to provide regulatory relief to allow businesses to create employee share schemes which they would otherwise be unable to operate due to requirements under the Act;

  Taxation Administration Act 1953

  to reduce the gross domestic product adjustment factor for the 2022-23 financial year to 2 per cent;

  National Health Act 1953

  to lower the Pharmaceutical Benefits Scheme safety net thresholds for concessional to 36 scripts and general to $1457.10 from 1 July 2022;

  Income Tax Assessment Act 1997

  ,

  Social Security Act 1991

  ,

  Social Security (Administration) Act 1999

  and

  Veterans' Entitlements Act 1986

  to provide for the payment of a cost of living payment of $250 to certain income support recipients, compensation payment recipients and concession card holders; and

  Product Stewardship (Oil) Regulations 2000

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Modernising Business Communications) Bill 2022

  Track (What's this?)

  Date

  17 Feb 2022 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends: the

  Corporations Act 2001

  to: allow all documents to be signed or executed electronically; allow certain additional categories of documents to be sent electronically; amend the criteria with which an entity must comply before they are relieved from their obligations to provide a document to a member; and make consequential amendments; the

  Corporate Collective Investment Vehicle Framework and Other Measures Act 2022

  and

  Corporations Act 2001

  to make amendments contingent on the commencement of the

  Corporate Collective Investment Vehicle Framework and Other Measures Act 2022

  ; the

  National Consumer Credit Protection Act 2009

  to allow documents under the National Credit Code to be given in either physical or electronic form, or by the provision of an electronic postcard; the

  National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009

  to include application, transitional and saving provisions; the

  Corporations Act 2001

  ,

  Excise Act 1901

  and

  Small Superannuation Accounts Act 1995

  to remove certain requirements relating to payments; and 11 Acts to provide that notices required or permitted to be published in newspapers can now be published in a manner that results in the notice being accessible to the public and reasonably prominent. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Streamlining and Improving Economic Outcomes for Australians) Bill 2022

  Track (What's this?)

  Date

  17 Feb 2022 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Corporations Act 2001

  to: provide certain foreign financial service providers with exemptions from the requirement to hold an Australian financial services licence and from the fit and proper person test; and enable the minister to determine regulators that administer broadly comparable regulatory regimes;

  Corporations Act 2001

  ,

  Australian Securities and Investments Commission Act 2001

  and

  Superannuation Industry (Supervision) Act 1993

  to impose financial reporting and auditing requirements on registrable superannuation entities that are consistent with those that currently apply to public companies and registered schemes; and

  Taxation Administration Act 1953

  to enable small business entities to apply to the Administrative Appeals Tribunal (AAT) for an order staying, or otherwise affecting, the operation or implementation of decisions of the Commissioner of Taxation that are being reviewed by the AAT. 

  Bill | Explanatory Memorandum