What is a bill?

A bill is a proposal for a law or a change to an existing law. A bill becomes law (an Act) when agreed to in identical form by both houses of Parliament and assented to by the Governor-General.

Parliament House Calendar

Bills before the Senate

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Current Bills
Previous Bills

TOTAL RESULTS: 85

  • Date
    14 Sep 2017 
    Chamber
    Senate 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Superannuation Industry (Supervision) Act 1993
    to: require trustees to assess on an annual basis whether the outcomes that are being delivered by MySuper products are promoting the financial interests of MySuper members; allow the Australian Prudential Regulation Authority (APRA) to refuse, or cancel, an authority to offer a MySuper product if it has a reason to believe the registrable superannuation entity (RSE) licensee may fail to comply with its obligations; impose civil and criminal penalties on directors of RSE licensees who fail to execute their responsibilities to act in the best interests of members, or who use their position to further their own interests to the detriment of members; enable APRA to refuse authority for a change in ownership or control where it has concerns about the person seeking ownership or control, give a direction to a person to relinquish control of a RSE licensee and remove or suspend an RSE licensee where it is subject to the control of its owner; align APRA’s directions powers in relation to the superannuation industry with its broader directions powers in the banking and insurance industries; and require RSE licensees to hold annual members’ meetings;
    Corporations Act 2001
    and
    Superannuation Industry (Supervision) Act 1993
    to require superannuation funds to disclose on a semi-annual basis investments that they hold directly or through associated entities and initial investments into non-associated entities;
    Financial Sector (Collection of Data) Act 2001
    to provide APRA with the ability to obtain information on expenses incurred by RSE and RSE licensees in managing or operating the RSE; and
    Australian Prudential Regulation Authority Act 1998
    to make consequential amendments. 

    Bill | Explanatory Memorandum

  • Date
    14 Sep 2017 
    Chamber
    Senate 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Amends: the
    Corporations Act 2001
    and 12 other Acts to introduce a new external dispute resolution scheme, known as the Australian Financial Complaints Authority (AFCA), to resolve disputes about products and services provided by financial firms; and five Acts to: require firms that must participate in the enhanced internal dispute resolution (IDR) framework to report their IDR activities to the Australian Securities and Investments Commission (ASIC) in accordance with ASIC requirements; provide ASIC with additional powers to determine the content and form of IDR reporting by IDR Firms and to publish this data at both the aggregate and firm level; and allow ASIC to specify, by legislative instrument, requirements for trustees and retirement savings account providers to provide written reasons for decisions in relation to complaints. Also repeals the
    Superannuation (Resolution of Complaints) Act 1993
    and makes consequential amendments to 11 Acts. 

    Bill | Explanatory Memorandum

  • Date
    30 Mar 2017 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Income Tax Assessment Act 1936
    and
    Income Tax Assessment Act 1997
    to: supplement the ‘same business test’ with a ‘similar business test’ for the purposes of working out whether a company’s tax losses and net capital losses from previous income years can be used as a tax deduction in a current income year; and make consequential amendments; and
    Income Tax Assessment Act 1997
    to provide taxpayers with the choice to self-assess the effective life of certain intangible depreciating assets they start to hold on or after 1 July 2016. 

    Bill | Explanatory Memorandum

  • Date
    09 Nov 2016 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Requires bills and regulations relating to superannuation to be accompanied by a statement of their compatibility with the defined primary and subsidiary objectives of the superannuation system. 

    Bill | Explanatory Memorandum

  • Date
    12 Oct 2016 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Part of a package of four bills in relation to tax arrangements for working holiday makers, the bill amends the
    Income Tax Rates Act 1986
    to apply a 19 per cent income tax rate to assessable income derived by working holiday makers on amounts up to $37 000, with ordinary tax rates applying for taxable income exceeding this amount. 

    Bill | Explanatory Memorandum

  • Date
    12 Sep 2017 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    DI NATALE, Sen Richard 
    Summary
    Amends the:
    Customs Act 1901
    to: provide that prohibited goods intended to be used as medicinal cannabis products are, for the purpose of satisfying import conditions, taken to be drugs required for medical purposes; and provide that goods permitted to be supplied for the purposes stated in the
    Therapeutic Goods Act 1989
    for the Special Access Scheme Category-B, relating to clinical trials and authorised prescribers, will also be permitted to be supplied for the Special Access Scheme Category-A, relating to seriously ill patients with a condition from which death is reasonably likely to occur within a matter of months; and
    Narcotic Drugs Act 1967
    to allow the secretary to grant a licence to manufacture medicinal cannabis if satisfied it is to be supplied to a seriously ill person in accordance with certain regulatory and notification requirements. 

    Bill | Explanatory Memorandum

  • Date
    12 Sep 2017 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    ROBERTS, Sen Malcolm 
    Summary
    Amends the
    Parliamentary Business Resources Act 2017
    to enable Senators and Members to opt-out of receiving any or all of their parliamentary entitlements. 

    Bill | Explanatory Memorandum

  • Date
    11 Sep 2017 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    XENOPHON, Sen Nick 
    Summary
    Amends the
    Customs Act 1901
    to prohibit the importation of polyethylene core aluminium composite panels. 

    Bill | Explanatory Memorandum

  • Date
    07 Sep 2017 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    RICE, Sen Janet 
    Summary
    The bill: repeals the
    Regional Forest Agreements Act 2002
    ; and makes consequential amendments to the
    Environment Protection and Biodiversity Conservation Act 1999

    Bill | Explanatory Memorandum

  • Date
    06 Sep 2017 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    HINCH, Sen Derryn 
    Summary
    Amends the
    Aged Care Act 1997
    to prescribe a mandated ratio of skilled staff to care recipients in government-funded aged care residential facilities. 

    Bill | Explanatory Memorandum

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