Legislative timetable: regulatory update February 2019

The Commonwealth Parliament will resume on 12 February 2019.

The parliamentary calendar shows that it will sit for 2 weeks in February, not at all in March and then for 3 days in the week of 2 April when the Budget will be announced.

It is expected that an election will then be called.

Bills not passed by the time the election is called will lapse.

Here is the status of some current bills. It is not clear whether any Bills will be amended to incorporate the Royal Commission recommendations or passed “as is” with amendments to be made in the future:

Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Bill 2018
Passed by the House of Representatives with amendments on 29 November 2018; introduced into the Senate on 3 December 2018. Background.
Scheduled for debate in the Senate this week.

Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018.
Introduced into the House of Representatives but not passed. Background.
Scheduled for debate this week in the House of Representatives and if passed by the House, the Senate

National Consumer Credit Protection Amendment (Mandatory Comprehensive Credit Reporting) Bill 2018.
Passed by the House of Representatives but not yet passed by the Senate. Background.
Scheduled for debate in the Senate this week.

Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2018.
Passed by the Senate with amendments on 6 December 2018, not yet introduced into the House of Representatives. Background.
Scheduled for debate in the House this week (subject to receipt from Senate)

New Bills proposed for introduction into the House of Representatives include:

Anti-Money Laundering and Counter-Terrorism Financing and Other Legislation Amendment Bill

Treasury Laws Amendment (Combating Illegal Phoenixing) Bill
Background

Treasury Laws Amendment (Consumer Data Right) Bill
Background

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