Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025
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
| Act | Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Act 2025 |
|---|---|
| Number | No. 72, 2025 |
| Assent | 4 Dec 2025 |
| Status | In force |
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
| Date | Step |
|---|---|
| House | |
| 4 Sep 2025 | Introduced and read a first time |
| 4 Sep 2025 | Second reading moved |
| 7 Oct 2025 | Second reading debate |
| 8 Oct 2025 | Second reading debate |
| 8 Oct 2025 | Second reading agreed to |
| 8 Oct 2025 | Consideration in detail debate |
| 8 Oct 2025 | Third reading agreed to |
| Senate | |
| 27 Oct 2025 | Introduced and read a first time |
| 27 Oct 2025 | Second reading moved |
| 27 Nov 2025 | Second reading agreed to |
| 27 Nov 2025 | Third reading agreed to |
| 27 Nov 2025 | Finally passed both Houses |
| 4 Dec 2025 | Assent |
Divisions on this bill
- 8 Oct 2025 Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Second Reading - Small business Negatived House 8–79
- 8 Oct 2025 Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Second Reading - Criticism of Government Negatived House 40–90
- 8 Oct 2025 Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 - Consideration in Detail - Increasing the instant asset write‑off and making it permanent Negatived House 9–64
Official record: bill homepage at aph.gov.au, full text and documents on ParlInfo.