Legislation Update July 2024

Commonwealth Parliament finished its recent session on 4 July 2024 and resumes on 12 August 2024 until 22 August 2024.

The Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 has been passed by both Houses and is awaiting Royal Assent. UPDATE: Assented to 9 July 2024.

Bills awaiting passage include:

The Superannuation (Objective) Bill is still before the Senate after being passed by the House of Representatives.

Help to Buy Bill 2023

Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024

Treasury Laws Amendment (Consumer Data Right) Bill 2022

Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024

Bills announced but yet to be introduced include:

Anti-money laundering and Counter Terrorism Financing Reforms Tranche 2

Reform of Australia’s privacy laws

Payments System Modernisation (Regulation of Payment Service Providers)

Bankruptcy law reform

If you found this article helpful, then subscribe to our news emails to keep up to date and look at our video courses for in-depth training. Use the search box at the top right of this page or the categories list on the right hand side of this page to check for other articles on the same or related matters.

David Jacobson

Author: David Jacobson
Principal, Bright Corporate Law
About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.

Print Friendly, PDF & Email

Your Compliance Support Plan

We understand you need a cost-effective way to keep up to date with regulatory changes. Talk to us about our fixed price plans.