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TOTAL RESULTS: 44

• 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 (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 (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 (Support for Small Business and Charities and Other Measures) Bill 2023

  Track (What's this?)

  Date

  13 Sep 2023 

  Chamber

  House of Representatives 

  Status

  Before House of Representatives 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax (Transitional Provisions) Act 1997

  to: increase the instant asset write-off threshold from $1,000 to $20,000 for the 2023-24 financial year; and provide small and medium businesses with access to a bonus tax deduction for the 2023-24 financial year relating to electrification and more efficient energy use;

  Income Tax Assessment Act 1997

  ,

  Taxation Administration Act 1953

  and

  A New Tax System (Australian Business Number) Act 1999

  to facilitate certain community charities achieving deductible gift recipient status;

  Income Tax Assessment Act 1997

  to: include two new entities on the list of deductible gift recipients and extend the listing for two other entities; extend the Global Infrastructure Hub’s income tax exemption for an additional year; broadly align existing tax requirements with a new accounting standard for insurance contracts; and amend the rules for non-arm’s length expenses for superannuation entities;

  Corporations Act 2001

  to reinstate the Australian Financial Complaint Authority’s jurisdiction to hear certain complaints relating to superannuation; and

  Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023

  to make contingent amendments. 

  Bill | Explanatory Memorandum