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TOTAL RESULTS: 3785

• Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018

  Track (What's this?)

  Date

  21 Jun 2018 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Superannuation Industry (Supervision) Act 1993

  to: prevent trustees of superannuation funds from charging certain fees and costs exceeding 3 per cent of the balance of a MySuper or choice product annually where the balance of the account is below $6000; and prevent trustees from providing opt out insurance to new members aged under 25 years, members with balances below $6000 and members with inactive MySuper or choice accounts, unless a member has directed otherwise; and

  Superannuation (Unclaimed Money and Lost Members) Act 1999

  to: require the transfer of all superannuation savings with a balance below $6000 to the Commissioner of Taxation if an account related to a MySuper or choice product has been inactive for a continuous period of 13 months; and enable the commissioner to consolidate amounts that have been paid as unclaimed money, inactive low-balance accounts and lost member accounts into an active superannuation account where the reunited balance would be greater than $6000; and

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2019

  Track (What's this?)

  Date

  18 Sep 2019 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Competition and Consumer Act 2010

  to: prohibit certain conduct in electricity retail, contract and wholesale markets, broadly relating to retail pricing, financial contract market liquidity and conduct in wholesale spot markets; provide powers and remedies which the ACCC may use if it reasonably believes a corporation has engaged, or is engaging, in prohibited conduct in the electricity sector; enable the Treasurer, following the receipt of a prohibited conduct recommendation from the ACCC, to issue a written order to a corporation or another body to make offers to enter into electricity financial contracts with third party entities; enable the Treasurer, following the receipt of a prohibited conduct recommendation from the ACCC, to apply to the Federal Court (the court) for a divestiture order and for the court to make related orders that a corporation or another body corporate dispose of interests in securities or assets that are part of its electricity business; set out the notice and recommendation procedures that must be followed before an order can be made in respect of a corporation or another body corporate; confer new compulsory information gathering powers on the Australian Energy Regulator (AER); allow the AER to share information with other agencies; and facilitate the conferral of functions related to the regulation of retail electricity prices on the AER. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Personal Income Tax Plan) Bill 2018

  Track (What's this?)

  Date

  09 May 2018 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  ,

  Income Tax Assessment Act 1936

  and

  Taxation Administration Act 1953

  to: introduce a low and middle income tax offset to reduce the tax payable by low and middle income earners that are Australian residents in the 2018-19, 2019-20, 2020-21 and 2021-22 financial years; and merge the low and middle income offset and the current low income tax offset into a new low income tax offset from the 2022-23 financial year;

  Income Tax Rates Act 1986

  to progressively increase the income tax rate thresholds in the 2018-19, 2022-23 and 2024-25 financial years; and Income Tax Assessment (1936 Act) Regulation 2015 and five Acts to make consequential amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (OECD Multilateral Instrument) Bill 2018

  Track (What's this?)

  Date

  28 Mar 2018 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  International Tax Agreements Act 1953

  to: give legislative effect to the

  Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting

  ; and make technical amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (North Queensland Flood Recovery) Bill 2019

  Track (What's this?)

  Date

  02 Apr 2019 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  to: make certain flood recovery grants and restocking, replanting and farm infrastructure grants non-assessable non-exempt income if they relate to flooding that commenced in the period between 25 January and 28 February 2019 in North Queensland; and exempt from income tax certain payments to primary producers that relate to storm damage sustained on or around 25 October 2018. Also establishes a special appropriation of $1.75 billion to enable the implementation of a loan scheme to provide urgent assistance for eligible primary producers affected by the floods in Northern Queensland in 2019. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (News Media and Digital Platforms Mandatory Bargaining Code) Bill 2021

  Track (What's this?)

  Date

  09 Dec 2020 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Competition and Consumer Act 2010

  to establish a mandatory code of conduct that applies to news media businesses and digital platform corporations when bargaining in relation to news content made available by digital platform services. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (National Housing and Homelessness Agreement) Bill 2018

  Track (What's this?)

  Date

  25 Oct 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Federal Financial Relations Act 2009

  to enable the Commonwealth to provide financial assistance to the states for housing, homelessness and housing affordability matters by: ceasing the National Specific Purpose Payment for Housing Services; and providing ongoing funding in accordance with a primary housing agreement, a supplementary housing agreement or a designated housing agreement. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Mutual Reforms) Bill 2019

  Track (What's this?)

  Date

  13 Feb 2019 

  Chamber

  Senate 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Implements certain recommendations of the

  Report on Reforms for Cooperatives, Mutuals and Member-owned Firms

  (the Hammond report) by amending the:

  Corporations Act 2001

  to: introduce a definition of 'mutual entity'; clarify for transferring financial institutions and friendly societies that the demutualisation provisions apply only if an entity no longer meets the new definition of a mutual entity; provide for mutual capital instruments as a new bespoke capital instrument for mutual entities; and provide for eligible mutual entities to amend their constitutions by a standardised process to take advantage of the new arrangements; and

  Financial Sector (Shareholdings) Act 1998

  ,

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  and

  Insurance Acquisitions and Takeovers Act 1991

  to make consequential amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (More Flexible Superannuation) Bill 2020

  Track (What's this?)

  Date

  13 May 2020 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  to enable individuals aged 65 and 66 to make up to three years of non-concessional superannuation contributions under the bring forward rule. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Bill 2019

  Track (What's this?)

  Date

  02 Apr 2019 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  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