On 17 July 2014, the package of carbon tax repeal bills received Royal Assent:
- Clean Energy Legislation (Carbon Tax Repeal) Bill 2014, becoming Act No. 83 of 2014
Following the continuation of the Winter 2014 Parliamentary Sittings, KPMG has updated Tax Bills Watch, which provides the status of tax related Bills before Parliament from the initial announcement through to Royal Assent.
On 17 July 2014, the following Bills received Royal Assent:
- Infrastructure Australia Amendment Bill 2014, becoming Act No. 77 of 2014
The Joint Committee on Treaties has tabled its 141st report on Treaties tabled in Parliament on 19 March and 13 May 2014.
On 17 July 2014, the Senate Standing Committee for Selection of Bills tabled Report No.9, which recommended the following bill not be referred to committees:
- Labor 2013-14 Budget Savings (Measures No. 1) Bill 2014
On 18 July 2014, the Minerals Resource Rent Tax Repeal and Other Measures Bill 2013 [No.2] amendments were voted down in the House of Representatives and will now move back to the Senate for consideration.
On 18 July 2014, the Asset Recycling Fund Bills amendments were voted down in the House of Representatives and will now move back to the Senate for consideration.
- Non-profit News Service No. 0414
On 17 July 2014, the Minister for Trade and Investment, Andrew Robb, launched a new joint report on global value chains (GVC) from the Organisation for Economic Cooperation and Development (OECD), World Trade Organisation (WTO) and World Bank Group (WBG), entitled Global Value Chains: Challenges, Opportunities, and Implications for Policy.
On 17 July 2014, the Australian Industry Group (Ai Group) called on the B20 to agree on recommendations for trade liberalisation and trade facilitation by opening up the flow of goods across borders, simplifying customs procedures, and reducing red tape for businesses involved in moving goods across borders.
On 17 July 2014, the Minister for Industry, Ian Macfarlane announced new Board arrangements to oversee more than $1 billion in public investment in existing Australian Renewable Energy Agency (ARENA) projects.
On 17 July 2014, the Minister for Small Business, Bruce Billson,commented on the G20's recommendation to integrate entrepreneurship as part of the target to boost economic growth by 2 per cent over the next five years.
On 17 July 2014, the Acting Assistant Treasurer, Mathias Cormann, announced the establishment of a working group to consult with industry stakeholders on the best way to develop an enhanced public register of financial advisers.