Treasury Laws Amendment (Supporting Choice in Superannuation and Other Measures) Bill 2025

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Before Reps
Parliament no
48

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Summary

Amends the: Superannuation Guarantee (Administration) Act 1992 to streamline the choice of superannuation fund process during employee onboarding; Corporations Act 2001 to ban advertising of certain superannuation products to new employees as part of the onboarding process; Income Tax Assessment Act 1936 and Income Tax Assessment Act 1997 to provide income tax and withholding tax exemptions for World Rugby and its wholly-owned subsidiaries; International Tax Agreements Act 1953 to give legislative authority to the Convention between Australia and the Portuguese Republic for the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance; Income Tax Assessment Act 1997 to update the list of deductible gift recipients; and A New Tax System (Wine Equalisation Tax) Act 1999 to increase the maximum amount of wine equalisation tax producer rebate claimable by eligible wine producers to $400,000 each financial year.

Progress

House of Representatives
Introduced and read a first time 26 Nov 2025
Second reading moved 26 Nov 2025

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changes to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

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