Australia

Friday 18 July 2014 

(1) Carbon Tax Repeal Bills receive Royal Assent
(2) KPMG Tax Bills Watch
(3) Bills receive Royal Assent
(4) Joint Committee on Treaties - call for comment on JAEPA
(5) Senate Selection of Bills Committee - Report No.9 released
(6) MRRT and Other Measures amendments voted down in the House of Representatives
(7) Asset Recycling Fund Bills amendments voted down in the House of Representatives
(8) ATO website update
(9) Global Value Chains - OECD, WTO, World Bank report
(10) Ai Group sets expectations for B20 Sydney meeting
(11) Minister for Industry announces $1bn in existing renewable energy projects
(12) Minister for Small Business notes G20's comments on entrepreneurship
(13) Public register of financial advisers - working group

(1) Carbon Tax Repeal Bills receive Royal Assent

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


(2) KPMG Tax Bills Watch

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.


(3) Bills receive Royal Assent

On 17 July 2014, the following Bills received Royal Assent:

  • Infrastructure Australia Amendment Bill 2014, becoming Act No. 77 of 2014


(4) Joint Committee on Treaties - call for comment on JAEPA

The Joint Committee on Treaties has tabled its 141st report on Treaties tabled in Parliament on 19 March and 13 May 2014.

  

(5) Senate Selection of Bills Committee - Report No.9 released

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



(6) MRRT and Other Measures amendments voted down in the House of Representatives

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.

 

(7) Asset Recycling Fund Bills amendments voted down in the House of Representatives

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.


(8) ATO website update

Non-Profit News Service

  • Non-profit News Service No. 0414 

 

(9) Global Value Chains - OECD, WTO, World Bank report

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.

  

(10) Ai Group sets expectations for B20 Sydney meeting

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.


(11) Minister for Industry announces $1bn in existing renewable energy projects

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.

 

(12) Minister for Small Business notes G20's comments on entrepreneurship 

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.


(13) Public register of financial advisers - working group

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.

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