Competition and Consumer Amendment (Responding to Exceptional Circumstances) Bill 2026

Type
Government
Portfolio
Treasury
Originating house
Senate
Status
Before Senate
Parliament no
48

Track (What's this?)

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Summary

Amends the Competition and Consumer Act 2010 to: enable the minister to make an exemptional circumstance declaration; enable the Australian Competition and Consumer Commission to authorise and exempt conduct from competition law that is in the public interest and assists in the response to those exceptional circumstances; and increase the maximum penalties for breaches of the Oil Code of Conduct. Also makes consequential amendments to the Competition and Consumer Act 2010 and National Emergency Declaration Act 2020.

Progress

Senate
Introduced and read a first time 13 May 2026
Second reading moved 13 May 2026
Second reading debate 13 May 2026

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

Senate

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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