Bills before Parliament

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TOTAL RESULTS: 124

  • Date
    29 Nov 2023 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Partially implements the Government’s response to the review of the Reserve Bank of Australia (RBA) by amending the
    Reserve Bank Act 1959
    to: remove the Government’s power to override monetary policy decisions of the RBA and remove the RBA’s power to determine the lending policy of banks; clarify the objectives and functions of the RBA; replace the existing Reserve Bank Board with a Monetary Policy Board and Governance Board; and make consequential and minor amendments. 

    Bill | Explanatory Memorandum

  • Date
    05 Jun 2024 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Introduced with the Capital Works (Build to Rent Misuse Tax) Bill 2024, the bill amends the:
    Income Tax Assessment Act 1936
    ,
    Income Tax Assessment Act 1997
    and
    Taxation Administration Act 1953
    to provide incentives for investors to support the construction of new build to rent developments by increasing the capital works deduction rate to 4 per cent per year and reducing the final withholding tax rate on eligible fund payments from eligible managed investment trust investments to 15 per cent;
    National Consumer Credit Protection Act 2009
    to extend the application of the Credit Code to buy now, pay later contracts and establish low cost credit contracts as a new category of regulated credit;
    Medicare Levy Act 1986
    to exempt eligible lump sum payments in arrears from the Medicare Levy;
    Taxation Administration Act 1953
    to impose a new reporting obligation on certain large multinational enterprises;
    Income Tax Assessment Act 1997
    to update the list of deductible gift recipients;
    Federal Financial Relations Act 2009
    to update funding arrangements to support payments from the Commonwealth to the States in relation to skills and workforce development; and
    Income Tax (Transitional Provisions) Act 1997
    to extend the $20,000 instant asset write-off by 12 months until 30 June 2025. 

    Bill | Explanatory Memorandum

  • Date
    02 Jul 2024 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
    COX, Sen Dorinda
    SHOEBRIDGE, Sen David 
    Summary
    Establishes a commission of inquiry into historic and ongoing injustices against First Peoples in Australia. 

    Bill | Explanatory Memorandum

  • Date
    03 Jul 2024 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Veterans' Affairs 
    Summary
    Amends the:
    Military Rehabilitation and Compensation Act 2004
    ,
    Safety, Rehabilitation and Compensation (Defence-related Claims) Act 1988
    and
    Veterans’ Entitlements Act 1986
    to: consolidate compensation and rehabilitation entitlements; amend various allowance and support schemes; and standardise the merits review pathway for veterans’ entitlements decisions;
    Military Rehabilitation and Compensation Act 2004
    ,
    Safety, Rehabilitation and Compensation (Defence-related Claims) Act 1988
    and
    Veterans’ Entitlements Act 1986
    to consolidate the Repatriation Commission and the Military Rehabilitation and Compensation Commission;
    Military Rehabilitation and Compensation Act 2004
    and
    Veterans’ Entitlements Act 1986
    to transfer provisions relating to the Repatriation Medical Authority and the Specialist Medical Review Council;
    Veterans’ Entitlements Act 1986
    to change the disability compensation cessation date; and
    Military Rehabilitation and Compensation Act 2004
    and
    Military Rehabilitation and Compensation (Consequential and Transitional Provisions) Act 2004
    to include application and transitional provisions. Also makes consequential amendments to 29 Acts. 

    Bill | Explanatory Memorandum

What is a bill?

A bill is a proposal for a law or a change to an existing law. A bill becomes law (an Act) when agreed to in identical form by both houses of Parliament and assented to by the Governor-General.