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• Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Bill 2018

  Track (What's this?)

  Date

  19 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Banking Act 1959

  to: establish the Banking Executive Accountability Regime (BEAR) to impose accountability, remuneration, key personnel and notification obligations on authorised deposit-taking institutions and persons in director and senior executive roles; and provide the Australian Prudential Regulation Authority (APRA) with additional powers to investigate potential breaches of the BEAR and extend these powers to APRA’s other supervisory functions; and

  Australian Prudential Regulation Authority Act 1998

  and

  Banking Act 1959

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Banking Measures No. 1) Bill 2017

  Track (What's this?)

  Date

  19 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Banking Act 1959

  to: enable the Australian Prudential Regulation Authority (APRA) to makes rules and directions relating to the provision of finance by non-authorised deposit-taking institution lenders which APRA has identified may materially contribute to risks of instability in the Australian financial system; remove restrictions on the use of the term ‘bank’; and insert an objects provision;

  National Consumer Credit Protection Act 2009

  to: require that the suitability of a credit card contract is assessed on the consumer’s ability to repay the credit limit within a certain period; prohibit providers from making unsolicited credit limit offers in relation to credit card contracts and from retrospectively charging interest on credit card balances; and enable consumers to reduce credit card limits and terminate credit card contracts, including by online means; and

  Financial Sector (Collection of Data) Act 2001

  ,

  Insurance Act 1973

  ,

  Life Insurance Act 1995

  and

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

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Junior Minerals Exploration Incentive) Bill 2017

  Track (What's this?)

  Date

  19 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to replace the Exploration Development Incentive with the Junior Minerals Exploration Incentive, which will enable junior exploration companies undertaking greenfields minerals exploration to distribute their tax losses as a refundable tax offset to investors who have purchased newly issued shares; and

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  ,

  Taxation Administration Act 1953

  and

  Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Coal-Fired Power Funding Prohibition Bill 2017 [No. 2]

  Track (What's this?)

  Date

  23 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Sponsor

  BANDT, Adam, MP 

  Summary

  Prohibits the Commonwealth government or its agencies from funding the refurbishment, building or purchase, or assisting in the transfer of ownership, of a coal-fired power station. 

  Bill | Explanatory Memorandum

• National Integrity Commission Bill 2017

  Track (What's this?)

  Date

  23 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Sponsor

  BANDT, Adam, MP 

  Summary

  Establishes a National Integrity Commission as an independent statutory agency which will consist of the National Integrity Commissioner, the Law Enforcement Integrity Commissioner and the Independent Parliamentary Advisor and provide for: the investigation and prevention of misconduct and corruption in all Commonwealth departments and agencies, and federal parliamentarians and their staff; the investigation and prevention of corruption in the Australian Federal Police and the Australian Crime Commission; and independent advice to ministers and parliamentarians on conduct, ethics and matters of propriety. Also provides for the establishment of a Parliamentary Joint Committee on the National Integrity Commission; and makes consequential amendments to the

  Law Enforcement Integrity Commissioner Act 2006

  and

  Ombudsman Act 1976

  . 

  Bill | Explanatory Memorandum

• Agricultural and Veterinary Chemicals Legislation Amendment (Operational Efficiency) Bill 2017

  Track (What's this?)

  Date

  25 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Agriculture and Water Resources 

  Summary

  Amends the:

  Agricultural and Veterinary Chemicals Products (Collection of Levy) Act 1994

  and

  Agricultural and Veterinary Chemicals (Administration) Act 1992

  to simplify reporting requirements for annual returns;

  Agricultural and Veterinary Chemicals Code Act 1994

  to: enable the Australian Pesticides and Veterinary Medicines Authority (APVMA) to manage errors in an application at the preliminary assessment stage, grant part of a variation application, and vary a label approval where that approval is suspended; enable the APVMA and Food Standards Australia New Zealand to agree on appropriate timeframes for notifications about variations to the Maximum Residue Limits Standard; and clarify that the ‘expiry date’ is the date after which a chemical product must not be used; and

  Agricultural and Veterinary Chemicals (Administration) Act 1992

  and

  Agricultural and Veterinary Chemicals Code Act 1994

  to: establish civil pecuniary penalties for providing false or misleading information; and make minor and technical amendments, including the removal of redundant provisions. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (National Housing and Homelessness Agreement) Bill 2018

  Track (What's this?)

  Date

  25 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Federal Financial Relations Act 2009

  to enable the Commonwealth to provide financial assistance to the states for housing, homelessness and housing affordability matters by: ceasing the National Specific Purpose Payment for Housing Services; and providing ongoing funding in accordance with a primary housing agreement, a supplementary housing agreement or a designated housing agreement. 

  Bill | Explanatory Memorandum

• Commonwealth Redress Scheme for Institutional Child Sexual Abuse (Consequential Amendments) Bill 2017

  Track (What's this?)

  Date

  26 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Social Services 

  Summary

  Introduced with the Commonwealth Redress Scheme for Institutional Child Sexual Abuse Bill 2017, the bill amends the:

  Social Security Act 1991

  and

  Veterans’ Entitlements Act 1986

  to provide that payments made under the Commonwealth Redress Scheme for Institutional Child Sexual Abuse are exempt from the income test;

  Bankruptcy Act 1966

  to ensure that payments made under the Commonwealth redress scheme are quarantined from the divisible property of a bankrupt; and

  Administrative Decisions (Judicial Review) Act 1997

  to exempt decisions made under the Commonwealth redress scheme from judicial review. 

  Bill | Explanatory Memorandum

• Commonwealth Redress Scheme for Institutional Child Sexual Abuse Bill 2017

  Track (What's this?)

  Date

  26 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Social Services 

  Summary

  Introduced with the Commonwealth Redress Scheme for Institutional Child Sexual Abuse (Consequential Amendments) Bill 2017, the bill implements the Commonwealth’s response to recommendations of the Royal Commission into Institutional Responses to Child Sexual Abuse’s

  Redress and Civil Litigation Report

  by establishing the Commonwealth Redress Scheme for Institutional Child Sexual Abuse which is intended to operate for a 10-year period from 1 July 2018 and includes: providing a payment of up to $150 000 to survivors; providing access to counselling and psychological services to survivors; and facilitating a direct personal response to survivors from the responsible institution, should the survivor request one. 

  Bill | Explanatory Memorandum

• Nuclear Fuel Cycle (Facilitation) Bill 2017

  Track (What's this?)

  Date

  14 Nov 2017 

  Chamber

  Senate 

  Status

  Not Proceeding 

  Sponsor

  BERNARDI, Sen Cory 

  Summary

  Amends the

  Australian Radiation Protection and Nuclear Safety Act 1998

  and

  Environment Protection and Biodiversity Conservation Act 1999

  to remove prohibitions on the construction or operation of certain nuclear installations. 

  Bill | Explanatory Memorandum