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TOTAL RESULTS: 138

  • 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

  • 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

  • Date
    25 Mar 2024 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Sponsor
    COLEMAN, David, MP 
    Summary
    Amends the:
    Criminal Code Act 1995
    to insert an offence provision relating to the posting of harmful material to increase notoriety;
    Online Safety Act 2021
    to expand the powers of the eSafety Commissioner to include administering a complaints system for criminal activity material; and
    Crimes Act 1914
    to enable a court to make an order directing a person to cease using certain online services. 

    Bill | Explanatory Memorandum

  • Date
    25 Mar 2024 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Sponsor
    CHANEY, Kate, MP 
    Summary
    Amends the:
    Commonwealth Electoral Act 1918
    in relation to: lowering the disclosure threshold to $1,000; real-time disclosure of donations; prohibiting misleading or deceptive electoral or referendum matter; broadening the definition of gift; funding disclosure requirements; introduction of a major-donor donation cap; prohibiting certain political donations; limiting pre-election government advertising; and postal vote processes; and
    Commonwealth Electoral Act 1918
    and
    Do Not Call Register Act 2006
    to provide that registered independent candidates are treated the same as political parties. 

    Bill | Explanatory Memorandum

  • 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

  • Date
    26 Feb 2024 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Sponsor
    HAINES, Helen, MP 
    Summary
    Amends: the
    Public Governance, Performance and Accountability Act 2013
    to provide a resource management framework for the use and management of public resources, including for grants administration; the Public Service Act 1999 to provide the Public Service Commissioner with certain powers in relation to breaches of the code of conduct relating to the resource management framework; and 9 Acts in relation to oversight of investment mandates. 

    Bill | Explanatory Memorandum

  • Date
    26 Feb 2024 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Sponsor
    STEGGALL, Zali, MP 
    Summary
    Amends the
    Offshore Petroleum and Greenhouse Gas Storage Act 2006
    to cancel Petroleum Exploration Permit 11 (PEP11) and prohibit any further petroleum exploration in the PEP11 area. 

    Bill | Explanatory Memorandum

  • Date
    12 Feb 2024 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Sponsor
    CHANEY, Kate, MP 
    Summary
    Amends the
    Criminal Code Act 1995
    to provide that the offence of using a carriage service to incite committing or attempting to commit suicide does not apply to acts or omissions carried out in accordance with a voluntary assisted dying law of a state or territory. 

    Bill | Explanatory Memorandum

  • 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

  • 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

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