Late bills crammed through
The Senate rushed the passage of dozens of bills in a pre-election spree this week.
The bills included:
- Regular money to keep the government and budget running
- A loan scheme for north Queensland floods and income tax exemptions for disaster grants
- The new $75 payment for singles and $125 for couples on welfare payments to help with power bills
- A marginal increase in the income threshold for paying the Medicare levy
- A lift in the threshold of the government's instant asset write-off from $25,000 to $30,000
- An increase for the governor-general's salary, up from $425,000 to $495,000
- A change requiring donation activity for the government's foreign influence transparency scheme to be reported earlier
- A bill enabling Australia's export credit agency to fund more overseas infrastructure projects, especially in the Pacific
- A change in the Corporations Act that defines a ‘mutual entity’ and reforms demutualisation rules
- Closing tax avoidance loopholes for some foreign investors
- Stronger penalties for insolvent companies that owe workers' entitlements, and greater powers to recover unpaid debts
- A bill giving a veterans' gold card to Australian Civilian Surgical and Medical Teams that provided medical aid, training and treatment to Vietnamese people during the war
- New laws including jail time for social media executives of companies that broadcast abhorrent violent material
- An extension of the cashless welfare card trials in three existing sites - Ceduna, South Australia, East Kimberley, WA and Goldfields, WA, as well as measures to extend the card to Cape York
- New rules for the design and distribution of financial products and powers for the corporate regulator to respond to detrimental products
- Changes to the Petroleum Resource Rent Tax that the Government claims will raise $6 billion over 10 years
- A reduced tax for craft beer brewers
- A bill to establish the $2 billion Australian Business Securitisation Fund to help smaller banks and non-bank lenders to lend to small businesses