In June 2015, the Australian Consumer Affairs Ministers, through the Legislative and Governance Forum on Consumer Affairs (CAF), asked Consumer Affairs Australia and New Zealand (CAANZ) to initiate a broad-reaching review of the Australian Consumer Law (ACL).
In March 2017, CAANZ presented the...More
On 2 March 2018, the Assistant Minister to the Treasurer, the Hon. Michael Sukkar MP, announced the Food and Grocery Code of Conduct (the Code) review and that Prof. Graeme Samuel AC has been selected as the independent expert to lead the review.
The review is intended to ensure that the...More
The Government is seeking submissions on a draft of the Asia Region Funds Passport (Passport) Bill and related explanatory material.
The Passport is a common framework of coordinated regulatory oversight to facilitate cross border issuing of managed investment funds. Australia, Japan, Korea,...More
Note: The Panel reviewing the ACNC legislation has established a separate website, www.acnclegislationreview.com.au , where submissions and details of consultation opportunities are being published throughout the review.
The not-for-profit sector is large, diverse and makes immensely...More
The Government is seeking submissions on the draft Corporate Collective Investment Vehicle (CCIV) Bill and explanatory materials (tax framework). The draft Bill proposes the new tax framework that will give effect to the CCIV. The policy intent of the CCIV is to establish a new form of passive...More
On 20 September 2017 the Assistant Minister to the Treasurer called for submissions from individuals, businesses and community groups seeking their views regarding priorities for the 2018-19 Budget.
The Pre-Budget Submission process for the 2018-19 Budget closed on Friday 15 December 2017.
...More
The Government is seeking submissions on a draft Asia Region Funds Passport (Passport) Bill and related explanatory materials.
The Passport is a common framework of coordinated regulatory oversight to facilitate cross border issuing of managed investment funds. Australia, Japan, Korea, New...More
The Government is exploring delivery approaches to modernise the business registers administered by the Australian Securities and Investments Commission, and the Australian Business Register administered by the Australian Taxation Office.
The Government is considering establishing a...More
Bills are common documents that state an amount of payment or set out a regular charge for supplying ongoing goods and services. Traditionally businesses have provided bills in a paper format to consumers, with the costs of producing and providing these documents absorbed by businesses and...More
The market for tickets to live performance and sporting events in Australia is large. The market for tickets consists of a primary ticket market where tickets are first sold and purchased, and a secondary ticket market where tickets are onsold or scalped.
Ticket reselling practices can cause a...More
This consultation seeks stakeholder views on the exposure draft of the Treasury Laws Amendment (Whistleblowers) Bill 2017 (the Bill) and supporting explanatory material.
The Bill creates a single whistleblower protection regime in the Corporations Act 2001 (Corporations Act), to cover the...More
Welcome to the 2017 Fiscal Group PWI Pulse Survey.
Thanks for taking the time to tell us how we are going on promoting inclusiveness for all staff.
Your insights are an important source of data for the group, and the results of this survey will help to identify key themes for Fiscal Group...More
Part A of this review includes questions that relate to the role and functioning of the FRC.
Part B of this review includes questions regarding each FRC Board member's performance.
While written responses are not mandatory, we encourage your feedback.
All responses will remain anonymous...More
The Procurement Team is approaching staff within Treasury for feedback on procurement as a service. Results of this survey will be used as part of the Procurement Team's business improvement project. More
One of the functions of FSAC as set out in its Charter is to provide industry views on the performance of the financial regulators - the Australian Securities and Investments Commission (ASIC); the Australian Prudential Regulation Authority (APRA); and the Payment System Board (PSB).
This...More
The Government is seeking submissions on draft Asia Region Funds Passport (Passport) and Corporate Collective Investment Vehicle (CCIV) Bills and explanatory materials. The Bills will insert two new chapters to the Corporations Act 2001 establishing a regulatory framework for the Passport and...More
Thank you for taking the time to meet with Patrick, Matthew and Samantha recently as part of the Small Business Engagement. Treasury found the discussion very valuable in gaining a sense on how your business is operating in the current economic climate, this information has been passed on to the...More
The black economy affects the whole community; it is not just an issue for government. It provides unfair competition for honest businesses. It leads to the exploitation of more vulnerable workers. It increases the costs of providing government services because of people who don't pay their...More
Part A of this review includes seven questions that relate to the role and functioning of the AUASB.
Part B of this review includes seven questions regarding each AUASB Board member's performance from 1 July 2016, or for the duration of their appointment, whichever is shorter. Please complete...More
The Government agreed to support the development of more efficient retirement income products and to facilitate trustees offering these products to members, in response to the Financial System Inquiry.
These products were labelled by the Murray Inquiry (Financial System Inquiry) as...More
In the lead-up to the 2017 PRAC Planning Day, we are seeking anonymous feedback from PRAC members on the performance of the Committee over the past year. The collated results will be discussed at the Planning Day on 16 June 2017. More
Competitive neutrality requires that government business activities should not enjoy any net competitive advantages simply by virtue of public sector ownership. This allows market competition to drive the efficient production of goods and services by the lowest cost business.
Treasury has...More
The Government has released for public consultation a further tranche of draft regulations and associated explanatory material relating to the superannuation reform package.
The draft regulations relate to:
Prescribing the subsidiary objectives of the superannuation system
...More
On 20 April 2016, the Government announced that it would introduce an industry funding model for ASIC, commencing in the second half of 2017. The Government is committed to consulting extensively with industry to refine and settle the model.
This consultation process seeks stakeholder views on...More
On 31 March 2016, Consumer Affairs Ministers agreed to the introduction of an information standard requiring eggs labelled as 'free range' to have been laid by hens that had meaningful and regular access to an outdoor range, and were subject to an outdoor stocking density of 10,000 hens per...More
The Australian Government welcomes feedback from all interested stakeholders on the issues outlined in this paper. As part of its National Innovation and Science Agenda, the Government has recently released the exposure draft of a measure to amend the Corporations Act 2001 (Corporations Act) so...More
On 4 May 2016, the Minister for Revenue and Financial Services announced that the Government will consider non-resident withholding taxes on collective investment vehicles (CIVs) in this financial year.
The Government invites interested parties to consider the policy proposals and make a...More
The Government has released exposure draft legislation and associated explanatory material that would amend the goods and services tax (GST) law to give effect to the 2016-17 Budget decision to apply GST to low value goods imported by consumers.
From 1 July 2017, the law will require overseas...More