Bills before the Senate

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TOTAL RESULTS: 94

  • Date
    27 Mar 2024 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    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

  • Date
    15 May 2024 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    VAN, Sen David 
    Summary
    Amends the
    Treasury Laws Amendment (Electric Car Discount) Act 2022
    to extend the fringe benefits tax exemption for plug-in hybrid electric vehicles until 1 April 2030. 

    Bill | Explanatory Memorandum

  • Date
    27 Mar 2024 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Amends: the
    Superannuation Industry (Supervision) Act 1993
    and
    Income Tax Assessment Act 1997
    to provide a legal basis for payment of advice fees from a member’s superannuation account and clarify the associated tax consequences; the
    Corporations Act 2001
    in relation to: ongoing fee renewal and consent requirements; financial services guide requirements; rules banning conflicted remuneration; and standardised consumer consent requirements for certain insurance commissions; the
    Petroleum Resource Rent Tax Assessment Act 1987
    to: align the petroleum resource rent tax general anti-avoidance provisions with the general anti-avoidance provisions in the
    Income Tax Assessment Act 1936
    ; and clarify the meaning of ‘exploration for petroleum’; the
    Income Tax Assessment Act 1997
    to: clarify mining, quarrying or prospecting rights (MQPRs) cannot be depreciated for income tax purposes until they are used; clarify when income tax balancing adjustments occur to MQPRs; and amend the location offset and producer offset for films; 15 Acts to amend the process by which amendments to agreements with multilateral development banks are incorporated into domestic legislation; and 8 Acts to make miscellaneous and technical amendments to Treasury portfolio legislation. 

    Bill | Explanatory Memorandum

  • Date
    30 Nov 2022 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Amends the
    Competition and Consumer Act 2010
    to establish action initiation reforms, enabling consumer data right (CDR) consumers to direct accredited persons to instruct on actions on their behalf, such as making a payment, opening and closing an account, switching providers and updating personal details, using the CDR framework. 

    Bill | Explanatory Memorandum

  • Date
    16 Nov 2023 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Enshrines the objective of superannuation in legislation and requires a statement of compatibility to be included in the explanatory materials accompanying bills and regulations relating to superannuation. 

    Bill | Explanatory Memorandum

  • Date
    03 Aug 2022 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    SMITH, Sen Dean 
    Summary
    Amends the:
    Social Security (Administration) Act 1999
    and
    Veterans' Entitlements Act 1986
    to enable age pensioners and certain veterans' entitlement recipients to have their payment suspended for up to two years, instead of cancelled, if their income, which includes some income from the recipient's own employment, precludes payment; and provide for the same suspension period for partners of the age pension, disability support pension and certain veterans' entitlements recipients, where the partner is receiving a social security pension or certain veterans' entitlements;
    Social Security (Administration) Act 1999
    to make minor amendments to the existing suspension provisions for disability support pensioners; and
    Social Security Act 1991
    and
    Veterans' Entitlements Act 1986
    to: provide that working age pensioners, disability support pensioners and certain veterans' entitlements recipients, and their pensioner partners, can retain their pensioner concession card for up to two years after their payment ceases; and increase to $600 the amount of income age pensioners and certain veterans' entitlement recipients can earn each fortnight while still receiving maximum pension payments and provide for a review, and sunsetting, of these amendments. 

    Bill | Explanatory Memorandum

  • Date
    29 May 2024 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Social Services 
    Summary
    Amends the:
    A New Tax System (Family Assistance) Act 1999
    ,
    Social Security Act 1991
    and
    Veterans’ Entitlements Act 1986
    to increase the maximum rates of Commonwealth rent assistance by 10 per cent;
    Social Security Act 1991
    to increase jobseeker payment for certain recipients who have an assessed partial capacity to work due to physical, intellectual or psychiatric impairment; and
    Social Security Act 1991
    and
    Social Security (Administration) Act 1999
    to expand the circumstances in which a carer may temporarily cease providing care without losing eligibility for the carer payment. 

    Bill | Explanatory Memorandum

  • Date
    13 May 2021 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    WATERS, Sen Larissa 
    Summary
    Amends the
    ]Snowy Hydro Corporatisation Act 1997
    to prohibit the Snowy Hydro Company and Snowy hydro-group companies from being involved in creating or investing in new fossil fuel-based electricity generation capacity. 

    Bill | Explanatory Memorandum

  • Date
    03 Aug 2023 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    BABET, Sen Ralph 
    Summary
    Amends the
    Public Governance, Performance and Accountability Act 2013
    to provide that indemnities cannot be granted to manufacturers of vaccines in relation to the use of a vaccine. 

    Bill | Explanatory Memorandum

  • Date
    08 Aug 2023 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    COX, Sen Dorinda 
    Summary
    Amends the:
    Offshore Petroleum and Greenhouse Gas Storage Act 2006
    in relation to prescribing consultation requirements with traditional owners, knowledge holders and other relevant persons when preparing environment plans;
    Offshore Petroleum and Greenhouse Gas Storage (Environment) Regulations 2009
    in relation to: meaning of relevant person; and protection of cultural heritage; and
    Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2011
    to make a consequential amendment. 

    Bill | Explanatory Memorandum