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TOTAL RESULTS: 6049
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- Date
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27 Oct 2021
- Chamber
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House of Representatives
- Status
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Not Proceeding
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Portfolio
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Treasury
- Summary
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Implements the government's response to the report of the Parliamentary Joint Committee on Corporations and Financial Services' inquiry into litigation funding and the regulation of the class action industry by amending the
Corporations Act 2001
to: establish a new kind of managed investment scheme called a class action litigation funding scheme; and introduce additional requirements for the constitutions of managed investment schemes that are class action litigation funding schemes.
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- Date
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27 Oct 2021
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Social Services
- Summary
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Provides a further response to the final report of the second year review of the National Redress Scheme by amending the
National Redress Scheme for Institutional Child Sexual Abuse Act 2018
to: extend the funder of last resort arrangements to encompass non-defunct institutions that are unable to participate in the scheme, and defunct institutions with which participating jurisdictions do not share responsibility for abuse and there is no parent institution to take responsibility; and provide the scheme operator with specific authority to disclose certain protected information about non-participating institutions.
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- Date
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27 Oct 2021
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Treasury
- Summary
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Amends the:
Superannuation Guarantee (Administration) Act 1992
to remove the $450-a-month threshold before an employee's salary or wages count towards the superannuation guarantee; Taxation Administration Act 1953
to increase the limit on the maximum amount of voluntary contributions made over multiple financial years that are eligible to be released under the First Home Super Saver Scheme from $30 000 to $50 000; Income Tax Assessment Act 1997
to: enable individuals aged 60 and above to make downsizer contributions to their superannuation plan from the proceeds of selling their home; apply the work test to individuals aged between 67 and 75 who claim a deduction for personal superannuation contributions and allow such individuals to make or receive non-concessional superannuation contributions under the bring forward rule; and enable superannuation trustees to choose their preferred method of calculating exempt current pension income when they have member interests in both accumulation and retirement phases for part, but not all, of the income year; and Income Tax (Transitional Provisions) Act 1997
to extend the temporary full expensing regime to 30 June 2023.
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- Date
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28 Oct 2021
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Special Minister of State
- Summary
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Amends the
Commonwealth Electoral Act 1918
to: respond to a recommendation of the Joint Standing Committee on Electoral Matters' Report on the conduct of the 2016 federal election and matters related thereto
by requiring the Electoral Commissioner to implement certain processes to assure the security and accuracy of the computer systems (including the systems for scanning ballot papers and counting votes) used to scrutinise votes for a Senate election; clarify the process for resolving candidate ties; clarify that the 'bulk exclusion' process is not required to be used in the computerised scrutiny process; allow a scrutineer to request access to an original ballot paper to resolve a question about formality or a preference vote being counted in the scrutiny of a Senate election; and require the Electoral Commissioner to publish Senate election data for each formal ballot case in the election within 7 days of the return of the writ for a Senate election.
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- Date
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28 Oct 2021
- Chamber
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House of Representatives
- Status
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Act
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Portfolio
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Special Minister of State
- Summary
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Amends the
Commonwealth Electoral Act 1918
to: implement certain recommendations of the Joint Standing Committee on Electoral Matters' Report of the inquiry on the future conduct of elections operating during times of emergency situations
by enabling the Electoral Commissioner to make limited operational modifications by legislative instrument where an emergency declaration has been issued under a Commonwealth law and moving the existing power to adjourn or suspend polling at a polling place or pre-poll voting office from local polling booth presiding officers to the Electoral Commissioner; delay the commencement of the scrutiny for a House of Representatives election for a Division where polling has been adjourned or temporarily suspended; prevent scrutineers and Australian Electoral Commission officers from disclosing the results of a Senate election in a Division where polling has been adjourned; and make minor amendments in relation to the cut-off date for postal vote applications and the format of postal vote certificates.
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- Date
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28 Oct 2021
- Chamber
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House of Representatives
- Status
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Not Proceeding
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Portfolio
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Special Minister of State
- Summary
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Responds to recommendations of the Joint Standing Committee on Electoral Matters' reports into the conduct of the 2013, 2016 and 2019 elections by amending the
Commonwealth Electoral Act 1918
and Referendum (Machinery Provisions) Act 1984
to require voters to provide an acceptable form of identification, or alternatively an attestation from another enrolled person who does have an acceptable form of identification, in order to cast an ordinary pre-poll or polling day vote in federal elections and referendums.
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- Date
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28 Oct 2021
- Chamber
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House of Representatives
- Status
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Not Proceeding
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Portfolio
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Treasury
- Summary
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Introduced with the Financial Sector Reform (Hayne Royal Commission Response No. 3) Bill 2021, Financial Services Compensation Scheme of Last Resort Levy Bill 2021 and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2021, the bill establishes a financial accountability regime to impose accountability, key personnel, deferred remuneration and notification obligations on directors and senior executives of financial entities in the banking, insurance and superannuation industries.
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- Date
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28 Oct 2021
- Chamber
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House of Representatives
- Status
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Not Proceeding
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Portfolio
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Treasury
- Summary
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Introduced with the Financial Accountability Regime Bill 2021, Financial Services Compensation Scheme of Last Resort Levy Bill 2021 and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2021, the bill amends: 12 Acts to make amendments consequential on the new financial accountability regime;
Australian Prudential Regulation Authority Act 1998
and Banking Act 1959
to make amendments consequential on the end of the banking executive accountability regime; and the Corporations Act 2001
, Australian Securities and Investments Commission Act 2001
and National Consumer Credit Protection Act 2009
to establish the financial services compensation scheme of last resort to provide compensation to eligible consumers where the Australian Financial Complaints Authority has made a determination in their favour that remains unpaid.
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- Date
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28 Oct 2021
- Chamber
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House of Representatives
- Status
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Not Proceeding
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Portfolio
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Treasury
- Summary
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Introduced with the Financial Accountability Regime Bill 2021, Financial Sector Reform (Hayne Royal Commission Response No. 3) Bill 2021 and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2021, the bill provides for the collection and administration of the levy imposed by the
Financial Services Compensation Scheme of Last Resort Levy Act 2021
.
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- Date
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28 Oct 2021
- Chamber
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House of Representatives
- Status
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Not Proceeding
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Portfolio
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Treasury
- Summary
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Introduced with the Financial Accountability Regime Bill 2021, Financial Sector Reform (Hayne Royal Commission Response No. 3) Bill 2021 and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2021, the bill imposes a levy on certain industry entities to recover the cost of the compensation scheme of last resort.
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