ACCI | Australian Chamber of Commerce and Industry |
ACL | Australian Credit License |
AFCA | Australian Financial Complaints Authority |
AFIA | Australian Financial Industry Association |
AFMA | Australian Financial Markets Association |
AI Group | Australian Industry Group |
ASIC | The Australian Securities and Investments Commission |
ASIC Act | Australian Securities and Investments Commission Act 2001 |
ATO | Australian Taxation Office |
BCA | Business Council of Australia |
the bill | Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024 |
BNPL | Buy Now, Pay Later |
CbC | country by country |
the Commissioner | Commissioner of Taxation |
the committee | Senate Economics Legislation Committee |
CRC | Convention on the Rights of the Child |
Credit Act | National Consumer Credit Protection Act 2009 |
CRPD | Convention on the Rights of Persons with Disabilities |
CTA | Corporate Tax Association |
EPAA | Emerging Payments Association Asia |
EU | European Union |
EU Directive 2021/2101 | European Union’s reporting regime |
FACT | Financial Accountability and Corporate Transparency Coalition |
GDP | Gross Domestic Product |
GRI | Global Reporting Initiative |
ICCPR | International Covenant on Civil and Political Rights |
ICESCR | International Covenant on Economic, Social and Cultural Rights |
IT(TP) Act | Income Tax (Transitional Provisions) Act 1997 |
ITA Act | Income Tax Assessment Act 1997 |
LAQ | Legal Aid Queensland |
LCCCs | low-cost credit contracts |
Medicare Levy Act | Medicare Levy Act 1986 |
MFAA | Mortgage and Finance Association of Australia |
NFTC | National Foreign Trade Council |
NSA | National Skills Agreement |
NSPP | National Specific Purpose Payments |
OECD | Organisation for Economic Cooperation and Development |
RLO | responsible lending obligations |
the Scrutiny Committee | Senate Standing Committee for the Scrutiny of Bills |
SIFMA | United States Securities Industry and Financial Markets Association |
the Statement | Statement of Compatibility with Human Rights |
TA Act | Taxation Administration Act 1953 |
Treasury | Department of the Treasury |
UCT | Unfair Contract Terms |