Over the next two Fridays, the House of Representatives Standing Committee on Tax and Revenue is holding public hearings for its Inquiry into the Development of the Australian Corporate Bond Market.
The Chair of the Committee, Mr Jason Falinski MP, said that the Committee looks forward to hearing from key peak bodies and market participants about potential barriers in the regulatory regime for corporate bonds.
“The Australian corporate bond market, despite regulatory changes over the last decade, remains small compared to other countries”, Mr Falinski noted, “This inquiry will be looking at why that might be”.
“Examining the tax treatment of corporate bonds for issuers and investors will provide a clearer view of any impediments to the issuance of bonds compared to other asset classes,” said Mr Falinski.
The Committee will also look at how certain policy settings have helped to build more active retail corporate bond markets in other jurisdictions, especially those that attract substantial issuance from Australian corporations.
Further information about the inquiry is available on the Committee’s website.
Upcoming public hearings
Date: Friday, 6 November 2020
Time: 9.00am to 12.15pm
Location: Committee Room 2R1, Parliament House, Canberra (via video/teleconference)
Date: Friday, 13 November 2020
Time: 9.00am to 11.45am
Location: Committee Room 1R3, Parliament House, Canberra (via video/teleconference)
The hearings will be broadcast live at aph.gov.au/live.
Media inquiries
Mr Jason Falinski MP
Chair of the House of Representatives Standing Committee on Tax and Revenue
Jason.Falinski.MP@aph.gov.au
(02) 6277 2324
For background information
Committee Secretariat
02 6277 4821
TaxRev.Reps@aph.gov.au
For more information about this Committee, you can visit its website www.aph.gov.au/taxrev. On the site, you can make a submission to an inquiry, read other submissions, and get details for upcoming public hearings. You can also track the Committee and receive email updates by clicking on the blue ‘Track Committee’ button in the bottom right hand corner of the page.
