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TOTAL RESULTS: 741

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  • Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024

    Track (What's this?)

    Date
    27 Mar 2024 
    Chamber
    House of Representatives 
    Status
    Act 
    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

  • Therapeutic Goods and Other Legislation Amendment (Vaping Reforms) Bill 2024

    Track (What's this?)

    Date
    21 Mar 2024 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Health and Aged Care 
    Summary
    Amends the
    Therapeutic Goods Act 1989
    to provide a national framework to regulate the importation, domestic manufacture, supply, commercial possession and advertisement of all vapes, irrespective of nicotine content or therapeutic claims. Also makes consequential amendments to the
    Customs Act 1901
    ,
    Industrial Chemicals Act 2019
    and
    Public Health (Tobacco and Other Products) Act 2023
    . 

    Bill | Explanatory Memorandum

  • Treasury Laws Amendment (Foreign Investment) Bill 2024

    Track (What's this?)

    Date
    07 Feb 2024 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2024, the bill amends the
    International Tax Agreements Act 1953
    to clarify any uncertainty associated with the interaction between certain taxes, such as foreign investment fees and similar state and territory property taxes, and double tax agreements implemented domestically. 

    Bill | Explanatory Memorandum

  • Treasury Laws Amendment (Cost of Living Tax Cuts) Bill 2024

    Track (What's this?)

    Date
    06 Feb 2024 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Treasury Laws Amendment (Cost of Living—Medicare Levy) Bill 2024, the bill amends the
    Income Tax Rates Act 1986
    to modify income tax rate thresholds and tax rates for individuals for the 2024-25 and later financial years. 

    Bill | Explanatory Memorandum

  • Treasury Laws Amendment (Cost of Living—Medicare Levy) Bill 2024

    Track (What's this?)

    Date
    06 Feb 2024 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Treasury Laws Amendment (Cost of Living Tax Cuts) Bill 2024, the bill amends the
    A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999
    and
    Medicare Levy Act 1986
    to: increase the Medicare levy and Medicare levy surcharge low-income threshold amounts for individuals, families and individual taxpayers and families eligible for the seniors and pensioners tax offset; and increase the phase-in limits as a result of the increased threshold amounts. 

    Bill | Explanatory Memorandum

  • Telecommunications Legislation Amendment (Enhancing Consumer Safeguards and Other Measures) Bill 2023

    Track (What's this?)

    Date
    07 Dec 2023 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Infrastructure, Transport, Regional Development, Communications and the Arts 
    Summary
    Amends the:
    Competition and Consumer Act 2010
    ,
    Telecommunications Act 1997
    and
    Telecommunications (Consumer Protection and Service Standards Act 1999
    to amend the operation of the statutory infrastructure provider regime;
    Telecommunications Act 1997
    to enable the Australian Communications and Media Authority (ACMA) to issue remedial notices to developers who do not install functional fibre-ready facilities in proximity to a development;
    Australian Communications and Media Authority Act 2005
    to enable the disclosure by the ACMA of certain information;
    Telecommunications (Consumer Protection and Service Standards) Act 1999
    to enable the minister to determine service areas that relate to a primary universal service provider; and
    Telecommunications Act 1997
    and
    Telecommunications (Consumer Protection and Service Standards) Act 1999
    to make technical amendments. 

    Bill | Explanatory Memorandum

  • Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023

    Track (What's this?)

    Date
    29 Nov 2023 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Partially implements the Government’s response to the review of the Reserve Bank of Australia (RBA) by amending the
    Reserve Bank Act 1959
    to: remove the Government’s power to override monetary policy decisions of the RBA and remove the RBA’s power to determine the lending policy of banks; clarify the objectives and functions of the RBA; replace the existing Reserve Bank Board with a Monetary Policy Board and Governance Board; and make consequential and minor amendments. 

    Bill | Explanatory Memorandum

  • Treasury Laws Amendment (Tax Accountability and Fairness) Bill 2023

    Track (What's this?)

    Date
    16 Nov 2023 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Tax Agent Services Act 2009
    and
    Taxation Administration Act 1953
    : to expand the operation of the promoter penalty provisions; and enable the sharing of certain protected information;
    Taxation Administration Act 1953
    to extend whistleblower protections to eligible whistleblowers who make disclosures to the Tax Practitioners Board (TPB); and reverse the burden of proof for certain claims of protection;
    Tax Agent Services Act 2009
    in relation to the TPB Register and the TPB’s delegation powers; and
    Petroleum Resource Rent Tax Assessment Act 1987
    to limit the proportion of petroleum resource rent tax assessable income that can be offset by deductions to 90 per cent. 

    Bill | Explanatory Memorandum

  • Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023

    Track (What's this?)

    Date
    13 Sep 2023 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Income Tax (Transitional Provisions) Act 1997
    to: increase the instant asset write-off threshold from $1,000 to $20,000 for the 2023-24 financial year; and provide small and medium businesses with access to a bonus tax deduction for the 2023-24 financial year relating to electrification and more efficient energy use;
    Income Tax Assessment Act 1997
    ,
    Taxation Administration Act 1953
    and
    A New Tax System (Australian Business Number) Act 1999
    to facilitate certain community charities achieving deductible gift recipient status;
    Income Tax Assessment Act 1997
    to: include two new entities on the list of deductible gift recipients and extend the listing for two other entities; extend the Global Infrastructure Hub’s income tax exemption for an additional year; broadly align existing tax requirements with a new accounting standard for insurance contracts; and amend the rules for non-arm’s length expenses for superannuation entities;
    Corporations Act 2001
    to reinstate the Australian Financial Complaint Authority’s jurisdiction to hear certain complaints relating to superannuation; and
    Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023
    to make contingent amendments. 

    Bill | Explanatory Memorandum

  • Telecommunications (Interception and Access) Amendment Bill 2023

    Track (What's this?)

    Date
    07 Aug 2023 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Attorney-General 
    Summary
    Amends the
    Telecommunications (Interception and Access) Act 1979
    in relation to the communication of foreign intelligence information. 

    Bill | Explanatory Memorandum

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