House r7367 Status Act

Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025

Introduced by Andrew Leigh, Ted O'Brien

Amends:

Corporations Act 2001

  • expand beneficial ownership disclosure obligations that apply to entities listed on Australia’s financial markets and broaden the Australian Securities and Investments Commission’s regulatory enforcement powers

Australian Charities and Not-for-profits Commission Act 2012

  • provide for new exceptions for the public disclosure of protected Australian Charities and Not-for-profits Commission information about new and ongoing investigations

Financial Regulator Assessment Authority Act 2021

  • reduce the frequency of the Financial Regulator Assessment Authority review cycles

Competition and Consumer Act 2010

  • extend the operation of the prohibiting energy market misconduct provisions from 1 January 2026 to 1 January 2031

Income Tax (Transitional Provisions) Act 1997

  • extend the $20,000 instant asset write-off by 12 months until 30 June 2026. Also makes minor, technical or machinery amendments to 11 Acts

Summary from the official bill homepage.

Became law

Sourced from the Federal Register of Legislation at 21 Oct 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.

Progress

DateStep
House
4 Sep 2025Introduced and read a first time
4 Sep 2025Second reading moved
7 Oct 2025Second reading debate
8 Oct 2025Second reading debate
8 Oct 2025Second reading agreed to
8 Oct 2025Consideration in detail debate
8 Oct 2025Third reading agreed to
Senate
27 Oct 2025Introduced and read a first time
27 Oct 2025Second reading moved
27 Nov 2025Second reading agreed to
27 Nov 2025Third reading agreed to
27 Nov 2025Finally passed both Houses
4 Dec 2025Assent

Divisions on this bill

Official record: bill homepage at aph.gov.au, full text and documents on ParlInfo.