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TOTAL RESULTS: 46

• Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023

  Track (What's this?)

  Date

  29 Nov 2023 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Partially implements the Government’s response to the review of the Reserve Bank of Australia (RBA) by amending the

  Reserve Bank Act 1959

  to: remove the Government’s power to override monetary policy decisions of the RBA and remove the RBA’s power to determine the lending policy of banks; clarify the objectives and functions of the RBA; replace the existing Reserve Bank Board with a Monetary Policy Board and Governance Board; and make consequential and minor amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Housing Measures No. 1) Bill 2023 [No. 2]

  Track (What's this?)

  Date

  02 Aug 2023 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Introduced with the Housing Australia Future Fund Bill 2023 [No. 2] and National Housing Supply and Affordability Council Bill 2023 [No. 2], the bill amends: the

  National Housing Finance and Investment Corporation Act 2018

  to rename the National Housing Finance and Investment Corporation to Housing Australia; the renamed

  Housing Australia Act 2018

  to: streamline the functions of Housing Australia; establish an annual review mechanism for the National Housing Infrastructure Facility; and extend the Commonwealth guarantee of the liabilities of Housing Australia to apply to contracts entered into until 30 June 2028; and 10 Acts to make consequential amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024

  Track (What's this?)

  Date

  27 Mar 2024 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Corporations Act 2001

  and 8 other Acts to implement recommendations by the Council of Financial Regulators in relation to Australia’s financial market infrastructure by: introducing a crisis management and resolution regime for domestic clearing and settlement (CS) facilities; expanding the licensing, supervisory and enforcement powers of the Australian Securities and Investments Commission (ASIC) and the Reserve Bank of Australia (RBA); and transferring certain powers relating to the licensing and supervision of CS facilities and financial markets to ASIC and the RBA;

  Australian Securities and Investments Commission Act 2001

  and

  Corporations Act 2001

  to phase-in new climate-related financial reporting requirements for entities; and

  Australian Securities and Investments Commission Act 2001

  ,

  Corporations Act 2001

  and

  Insurance Act 1973

  to make minor and technical amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024

  Track (What's this?)

  Date

  27 Mar 2024 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Amends: the

  Superannuation Industry (Supervision) Act 1993

  and

  Income Tax Assessment Act 1997

  to provide a legal basis for payment of advice fees from a member’s superannuation account and clarify the associated tax consequences; the

  Corporations Act 2001

  in relation to: ongoing fee renewal and consent requirements; financial services guide requirements; rules banning conflicted remuneration; and standardised consumer consent requirements for certain insurance commissions; the

  Petroleum Resource Rent Tax Assessment Act 1987

  to: align the petroleum resource rent tax general anti-avoidance provisions with the general anti-avoidance provisions in the

  Income Tax Assessment Act 1936

  ; and clarify the meaning of ‘exploration for petroleum’; the

  Income Tax Assessment Act 1997

  to: clarify mining, quarrying or prospecting rights (MQPRs) cannot be depreciated for income tax purposes until they are used; clarify when income tax balancing adjustments occur to MQPRs; and amend the location offset and producer offset for films; 15 Acts to amend the process by which amendments to agreements with multilateral development banks are incorporated into domestic legislation; and 8 Acts to make miscellaneous and technical amendments to Treasury portfolio legislation. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill 2023

  Track (What's this?)

  Date

  30 Nov 2023 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Introduced with the Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023, the bill amends: 7 Acts to make consequential amendments; the

  Australian Charities and Not-for-profits Commission Act 2012

  to enable the disclosure of information about a recognised assessment activity in relation to a registered entity in certain circumstances; the

  Financial Regulator Assessment Authority Act 2021

  to reduce the frequency of certain periodic reviews; 6 Acts to make miscellaneous and technical amendments in the Treasury portfolio; the

  Corporations Act 2001

  to provide four licensing exemptions for foreign financial services providers; and the

  Payment Systems (Regulation) Act 1998

  and 4 other Acts in relation to the payments regulatory framework. 

  Bill | Explanatory Memorandum

• Therapeutic Goods and Other Legislation Amendment (Vaping Reforms) Bill 2024

  Track (What's this?)

  Date

  21 Mar 2024 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Health and Aged Care 

  Bill | Explanatory Memorandum

• Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023

  Track (What's this?)

  Date

  30 Nov 2023 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Introduced with the Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill 2023, the bill imposes a tax rate of 15 per cent for superannuation earnings corresponding to the percentage of an individual’s superannuation balance that exceeds $3 million for an income year. 

  Bill | Explanatory Memorandum

• Reducing Supermarket Dominance Bill 2024

  Track (What's this?)

  Date

  25 Mar 2024 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Sponsor

  KATTER, Bob, Jnr, MP 

  Summary

  The bill: provides for a limit on market share for supermarket businesses, including enforced progressive divesture to 20 per cent over a 5-year period where necessary; and establishes a Commissioner for Food Retailing to administer limits on market share and promote competition and fairness principles. 

  Bill | Explanatory Memorandum

• Prohibition on the Purchase of Residential Property by Foreign Entities Bill 2024

  Track (What's this?)

  Date

  12 Feb 2024 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Sponsor

  GEE, Andrew, MP 

  Summary

  Prohibits the purchase of residential property by foreign entities for a 2-year period. 

  Bill | Explanatory Memorandum

• Parliamentary Business Resources Legislation Amendment (Review Implementation and Other Measures) Bill 2024

  Track (What's this?)

  Date

  27 Mar 2024 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Special Minister of State 

  Summary

  Amends the:

  Independent Parliamentary Expenses Authority Act 2017

  ,

  Parliamentary Business Resources Act 2017

  and two related instruments to respond to certain recommendations of the

  Independent Review of the Parliamentary Business Resources Act 2017 and Independent Parliamentary Expenses Authority Act 2017

  in relation to parliamentary business resources and special purpose aircraft travel;

  National Anti-Corruption Commission Act 2022

  to make consequential and technical amendments; and

  Parliamentary Business Resources Act 2017

  and two other Acts to provide that members’ remuneration is payable on a fortnightly rather than monthly basis. 

  Bill | Explanatory Memorandum