Bills before Parliament

Search all bills

Keyword(s)
Status
Current Bills
Previous Bills
Type

TOTAL RESULTS: 161

  • Date
    12 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Introduced with the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020, the bill amends the
    Corporations (Fees) Act 2001
    to enable the Australian Securities and Investments Commission to charge a fee for an application by an entity to be exempted from the deferred sales model for add-on insurance products. 

    Bill | Explanatory Memorandum

  • Date
    12 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Corporations Act 2001
    to: establish a debt restructuring process for eligible small companies and provide temporary relief for eligible companies seeking to enter the process; and expand the situations where documents relating to the external administration of a company may be given electronically and allow documents relating to the external administration of a company to be signed electronically; and
    Bankruptcy Act 1966
    and
    Corporations Act 2001
    to establish a simplified liquidation process for the purpose of winding up the affairs and distributing the property of an eligible company in a creditors' voluntary winding up, as well as the requirements for entering and exiting the process. Also makes consequential amendments to seven Acts. 

    Bill | Explanatory Memorandum

  • Date
    12 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Introduced with the Corporations (Fees) Amendment (Hayne Royal Commission Response) Bill 2020, the bill amends the:
    Corporations Act 2001
    and
    National Consumer Credit Protection Act 2009
    to strengthen the existing voluntary code of conduct framework by enabling the Australian Securities and Investments Commission (ASIC) to designate enforceable code provisions in approved codes of conduct which, if breached, may attract civil penalties; and establish a mandatory code of conduct framework for the financial services and consumer credit industry through regulations, with the ability to designate certain provisions of civil penalty provisions;
    Insurance Contracts Act 1984
    to: limit the circumstances in which an insurer can avoid a life insurance contract on the basis of non-fraudulent misrepresentation or non-disclosure by an insured; and replace the duty of disclosure for consumer insurance contracts with a duty to take reasonable care not to make a misrepresentation;
    Australian Securities and Investments Commission Act 2001
    to: implement an industry wide deferred sales model for the sale of add-on insurance products; and formalise ASIC's meeting procedures;
    Corporations Act 2001
    to: provide for the interaction of the deferred sales model with the anti hawking obligations; make claims handling and settling a financial service; and ban the hawking of financial products;
    Australian Securities and Investments Commission Act 2001
    and
    National Consumer Credit Protection Act 2009
    to cap the commission that may be paid in relation to add-on risk products supplied in connection with the sale or long-term lease of a motor vehicle; Insurance Act 1973 to restrict the use of the terms 'insurance' and 'insurer';
    Superannuation Industry (Supervision) Act 1993
    to: impose a new condition on licences held by a body corporate trustee of a registrable superannuation entity; and amend the roles and responsibilities of superannuation industry regulators;
    Australian Securities and Investments Commission Act 2001
    and
    Corporations Act 2001
    to extend the financial services licensing regime to cover a broader range of activities undertaken by superannuation trustees regulated by the Australian Prudential Regulation Authority (APRA);
    Corporations Act 2001
    ,
    National Consumer Credit Protection Act 2009
    and
    National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009
    to: impose new obligations on financial services licensee and credit licensees in relation to reference checking and information sharing, and breach reporting and remediation; and clarify and strengthen the breach reporting regime for financial services licensees and introduce a breach reporting regime for credit licensees;
    Australian Prudential Regulation Authority Act 1998
    and
    Australian Securities and Investments Commission Act 2001
    to require APRA and ASIC to cooperate and share information with each other, including requiring them to notify each other when they reasonably believe there may be material breaches of each other's legislation. Also makes consequential amendments to five Acts. 

    Bill | Explanatory Memorandum

  • Date
    12 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Social Services 
    Summary
    Amends the:
    Social Security Act 1991
    to: extend the COVID-19 supplement to 31 March 2021 for all persons in receipt of youth allowance, including full time students and new apprentices; extend the temporary COVID-19 qualification rules for jobseeker payment and youth allowance to 31 March 2021; end the COVID-19 exemptions from the liquid assets test waiting period and assets tests from 1 January 2021; and temporarily enable the minister to determine modifications to specified provisions of the social security law in response to COVID-19;
    Farm Household Support Act 2014
    and
    Social Security Act 1991
to provide that the COVID-19 supplement and the exemptions from the ordinary waiting period, newly arrived resident's waiting period and seasonal work preclusion period cannot be extended beyond 31 March 2021; and
Social Security Act 1991
and
Veterans' Entitlements Act 1986
to introduce a discretionary power to extend the principal home exemption temporary absence provisions for the purposes of the social security and veterans' entitlements assets tests. Also permits jobkeeper information provided to Services Australia on or before 28 March 2021 to continue to be used after that date. 

Bill | Explanatory Memorandum

  • Date
    11 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Education, Skills and Employment 
    Summary
    Amends the
    Education Services for Overseas Students Act 2000
    to: enable refunds of registration charges in special circumstances; amend the definition of 'course'; and enable the minister responsible for international education to include and exempt certain courses from the requirements of the Act. 

    Bill | Explanatory Memorandum

  • Date
    11 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Agriculture, Water and the Environment 
    Summary
    Amends the
    Export Control Act 2020
    to: clarify the circumstances where a fit and proper person test is required for an application to vary a registration of an establishment, or to approve an alteration of an establishment; enable the rules to prescribe circumstances where the secretary may approve or refuse to approve a notice of intention to export prescribed goods; provide the secretary with the power to prescribe requirements in the rules for determining whether to issue or to refuse to issue an export permit; enable the rules to modify how certain provisions in the Act and the
    Administrative Appeals Tribunals Act 1975
    apply to reviewable decisions for tariff rate quotas; and enable the rules to apply matters contained in any instrument of a foreign country that sets out, or provides a method for calculating, the tariff rate quota for the importation of a kind of goods into that country. 

    Bill | Explanatory Memorandum

  • Date
    11 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Income Tax Assessment Act 1997
    to: enable the minister to declare certain grant programs as eligible for non-assessable non-exempt income tax treatment under an instrument-making power; and update the list of deductible gift recipients to include Neighbourhood Watch Australasia; and
    Income Tax Assessment Act 1997
    and
    Superannuation (Unclaimed Money and Lost Members) Act 1999
    to facilitate the payment of unclaimed superannuation held by the Commissioner of Taxation directly to New Zealand KiwiSaver schemes. 

    Bill | Explanatory Memorandum

  • Date
    09 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Sponsor
    STEGGALL, Zali, MP 
    Summary
    Introduced with the Climate Change (National Framework for Adaptation and Mitigation) Bill 2020, the bill: repeals the
    Climate Change Authority Act 2011
    ; and amends the:
    Australian Securities and Investments Commission Act 2001
    ,
    Carbon Credits (Carbon Farming Initiative) Act 2011
    ,
    Clean Energy Regulator Act 2011
    ,
    Competition and Consumer Act 2010
    and
    National Greenhouse and Energy Reporting Act 2007
    to make consequential amendments; and
    Public Governance, Performance and Accountability Act 2013
    to require Commonwealth entities to consider the potential risks of climate change when performing functions or duties, or exercising powers, and include this information in annual reports. 

    Bill | Explanatory Memorandum

  • Date
    09 Nov 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Sponsor
    STEGGALL, Zali, MP 
    Summary
    Introduced with the Climate Change (National Framework for Adaptation and Mitigation) (Consequential and Transitional Provisions) Bill 2020, the bill: sets a target of achieving net zero emissions by 31 December 2050; establishes the Climate Change Commission (the commission) and provides for its functions, powers, membership and staffing; prescribes a number of guiding principles to which decision makers under the Act must have regard; requires the commission to periodically complete a national climate change assessment (national assessment); requires the minister to prepare a national adaptation plan in response to each national assessment; requires the minister, by legislative instrument, to set an emissions budget for each prescribed emissions budget period; requires the minister to prepare an emissions reduction plan setting out the policies and strategies for meeting each emissions budget; and establishes the Parliamentary Joint Committee on Climate Adaptation and Mitigation and provides for its powers, proceedings and functions. 

    Bill | Explanatory Memorandum

  • Date
    29 Oct 2020 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Health 
    Summary
    Amends the
    Health Insurance Act 1973
    to enable the Commonwealth to recover amounts overpaid for incorrectly claimed Medicare benefits or payments where a false or misleading statement has led to a payment that should not have been made. 

    Bill | Explanatory Memorandum