Search all bills

TOTAL RESULTS: 1923

• Financial Sector Reform (Hayne Royal Commission Response No. 3) Bill 2021

  Track (What's this?)

  Date

  28 Oct 2021 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Introduced with the Financial Accountability Regime Bill 2021, Financial Services Compensation Scheme of Last Resort Levy Bill 2021 and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2021, the bill amends: 12 Acts to make amendments consequential on the new financial accountability regime;

  Australian Prudential Regulation Authority Act 1998

  and

  Banking Act 1959

  to make amendments consequential on the end of the banking executive accountability regime; and the

  Corporations Act 2001

  ,

  Australian Securities and Investments Commission Act 2001

  and

  National Consumer Credit Protection Act 2009

  to establish the financial services compensation scheme of last resort to provide compensation to eligible consumers where the Australian Financial Complaints Authority has made a determination in their favour that remains unpaid. 

  Bill | Explanatory Memorandum

• Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2021

  Track (What's this?)

  Date

  28 Oct 2021 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Introduced with the Financial Accountability Regime Bill 2021, Financial Sector Reform (Hayne Royal Commission Response No. 3) Bill 2021 and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2021, the bill provides for the collection and administration of the levy imposed by the

  Financial Services Compensation Scheme of Last Resort Levy Act 2021

  . 

  Bill | Explanatory Memorandum

• Financial Services Compensation Scheme of Last Resort Levy Bill 2021

  Track (What's this?)

  Date

  28 Oct 2021 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Introduced with the Financial Accountability Regime Bill 2021, Financial Sector Reform (Hayne Royal Commission Response No. 3) Bill 2021 and Financial Services Compensation Scheme of Last Resort Levy (Collection) Bill 2021, the bill imposes a levy on certain industry entities to recover the cost of the compensation scheme of last resort. 

  Bill | Explanatory Memorandum

• Corporations Amendment (Improving Outcomes for Litigation Funding Participants) Bill 2021

  Track (What's this?)

  Date

  27 Oct 2021 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Implements the government's response to the report of the Parliamentary Joint Committee on Corporations and Financial Services' inquiry into litigation funding and the regulation of the class action industry by amending the

  Corporations Act 2001

  to: establish a new kind of managed investment scheme called a class action litigation funding scheme; and introduce additional requirements for the constitutions of managed investment schemes that are class action litigation funding schemes. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2021 Measures No. 7) Bill 2021

  Track (What's this?)

  Date

  25 Aug 2021 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Taxation Administration Act 1953

  to require electronic platform operators to provide information on transactions made through the platform to the Australian Taxation Office;

  Treasury Laws Amendment (Putting Consumers First—Establishment of the Australian Financial Complaints Authority) Act 2018

  to facilitate the closure and any transitional arrangements associated with the Australian Financial Complaints Authority replacing the Superannuation Complaints Tribunal; and

  Fringe Benefits Tax Assessment Act 1986

  ,

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to remove the $250 non-deductible threshold for work-related self-education expenses. 

  Bill | Explanatory Memorandum

• National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020

  Track (What's this?)

  Date

  09 Dec 2020 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the:

  National Consumer Credit Protection Act 2009

  to: provide that responsible lending obligations apply only to small amount credit contracts, small amount credit contract-equivalent loans provided by authorised deposit-taking institutions (ADIs) and consumer leases; provide the minister with the power to determine standards specifying requirements for a credit licensee's systems, policies and processes in relation to certain non-ADI credit conduct; impose a cap on the total payments that can be made by a lessee in connection with a consumer lease; extend the protected earnings requirement for small amount credit contracts to cover all consumers and introduce a similar protected earnings requirements for consumer leases for household goods; restrict the use and disclosure of account statements; amend requirements for licensees to disclose information to consumers; introduce broad anti-avoidance protections to prohibit schemes that are designed to avoid the application of the Act in relation to small amount credit contracts and consumer leases; and make consequential amendments; and

  Age Discrimination Act 2004

  to exempt the reverse mortgage scheme from the application of the Act. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2020 Measures No. 4) Bill 2021

  Track (What's this?)

  Date

  28 Oct 2020 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to make refunds of large-scale generation shortfall charges non-assessable non-exempt income for income tax purposes;

  Treasury Laws Amendment (Putting Consumers First—Establishment of the Australian Financial Complaints Authority) Act 2018

  to: facilitate the closure and any transitional arrangements associated with the Australian Financial Complaints Authority (AFCA) replacing the Superannuation Complaints Tribunal (SCT); provide for the transfer of records and documents from the SCT to the Australian Securities and Investments Commission; include a power for the Federal Court to remit cases back to AFCA; and include a rule-making power to allow the minister to prescribe matters of a transitional nature;

  Competition and Consumer Act 2010

  to increase the maximum amount of penalty units that can be included in regulations that prescribe an industry code from 300 to 600 penalty units; and

  Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020

  to extend the temporary mechanism which enables ministers to change arrangements for meeting information and documentary requirements. 

  Bill | Explanatory Memorandum

• Australian Business Growth Fund Bill 2019

  Track (What's this?)

  Date

  05 Dec 2019 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Establishes the Australian Business Growth Fund (ABGF) to: provide a source of 'patient capital' for small and medium enterprises; authorise investment by the Commonwealth in the ABGF; and appropriate $100 million for the purposes of the ABGF. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019

  Track (What's this?)

  Date

  05 Dec 2019 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  and

  Tax Laws Amendment (Research and Development) Act 2015

  to: permanently increase the research and development (R&D) expenditure threshold from $100 million to $150 million; link the R&D tax offset for refundable R&D tax offset claimants to their corporate tax rates plus a 13.5 percentage point premium; cap the refundability of the R&D tax offset at $4 million per annum; and increase the targeting of the R&D tax incentive to larger R&D entities with high levels of R&D intensity;

  Income Tax Assessment Act 1997

  to extend the concept of tax benefits in the general anti-avoidance rule in Part IVA of the

  Income Tax Assessment Act 1936

  to include the R&D tax offset;

  Income Tax Assessment Act 1997

  ,

  Income Tax Rates Act 1986

  and

  Income Tax (Transitional Provisions) Act 1997

  to: remake and consolidate provisions relating to clawback of R&D recoupments and feedstock adjustments; introduce a new uniform clawback rule that applies for recoupments, feedstock adjustments and balancing adjustment amounts included in an R&D entity's assessable income; and introduce a new catch-up rule for R&D assets;

  Taxation Administration Act 1953

  to require the Commissioner of Taxation to publish information about relevant activities of R&D entities claiming the R&D tax offset following a two-year delay;

  Industry Research and Development Act 1986

  (IR&D Act) to: provide for the Board of Innovation and Science Australia (ISA) to make a determination, by notifiable instrument, about how it will exercise its powers and perform its functions and duties; and expand the existing power of the Board of ISA and its committees to delegate some or all of their functions to include certain members of the Australian Public Service; and Industry Research and Development Decision-making Principles 2011 to provide that extensions of time granted under the IR&D Act may relate to certain applications. 

  Bill | Explanatory Memorandum

• Currency (Restrictions on the Use of Cash) Bill 2019

  Track (What's this?)

  Date

  19 Sep 2019 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Treasury 

  Summary

  Introduces offences for entities that make or accept cash payments of $10 000 or more. 

  Bill | Explanatory Memorandum