The public consultation on the exposure draft of the National Consumer Credit Protection Amendment (Mandatory Comprehensive Credit Reporting) Bill 2018 (Cth) closes today, Friday 23 February 2018. The Bill aims to implement the Turnbull Government’s proposal to implement a mandatory comprehensive credit reporting regime, allowing lenders to access to a greater amount of data and credit histories for individuals and small businesses.
On Tuesday 20 February 2018, WA Attorney General (the AG), the Hon John Quigley introduced the Financial Transaction Reports Amendment Bill 2018 (the Bill) to the WA Legislative Assembly, with the Bill proposed to make substantive amendments to the Financial Transaction Reports Act 1995 (WA) (the Act).
The Treasury of the Australian Government this week (19 February 2018) opened submissions on the exposure draft of the Corporations Amendment (Asia Region Funds Passport) Bill 2017(Cth) (the Passport Bill). This consultation, due to close on 5 March 2018, is the third in a series of consultations which have been formulated to develop the legislative groundwork for the Asia Region Funds Passport (the Passport) in Australia.
On Wednesday (7 February 2018) the Minister for Revenue and Financial Services, Kelly O’Dwyer, introduced the Treasury Laws Amendment (Black Economy Taskforce Measures No. 1) Bill 2018 (Cth) (the Bill) into the House of Representatives. The Bill focuses on combating two areas of "black economy" practices, being the use of technology to hide income, and the understating or non-reporting of income by contractors in certain industries. The Bill represents part of the Federal Governments response to the Report of the Black Economy Task Force established to:
Last week (15 February 2018), the Turnbull Government introduced the Intelligence Services Amendment (Establishment of the Australian Signals Directorate) Bill 2018 (Cth) into the House of Representatives. The Bill aims to establish the Australian Signals Directorate (“the ASD”) as an independent statutory agency, reporting directly to the Minister for Defence.
Yesterday, 20 February 2018, the Victorian Legislative Council passed the Justice Legislation Amendment (Victims) Bill 2017. This Bill will now go to the Governor for assent. The object of this Bill is to amend a number of Acts including the Children, Youth and Families Act 2005 (Vic), the Crimes Act 1958 (Vic) and the Criminal Procedure Act 2009 (Vic), with the purpose of improving the way the criminal justice system addresses matters relating to victims of crime.
In the case of Fair Work Ombudsman v Pulis Plumbing Pty Ltd  FCCA 3013 (8 December 2017), the Federal Circuit Court (the Court) has penalised a business $100,000 and fined the business operator $21,500 for underpaying a worker thousands of dollars after incorrectly classifying his employment status.
On 15 February 2018 the Police and Other Legislation (Identity and Biometric Capability) Amendment Bill 2018 (QLD) (‘the Bill’) was introduced in the Queensland Parliament. The Bill allows for the identification of people via their facial features through the use of biometric matching capabilities, and easier and direct sharing of this information across a central information hub.
On Wednesday (14 February 2018) the Federal Government introduced the Bankruptcy Amendment (Debt Agreement Reform) Bill 2018 (the Bill) into the House of Representatives. The Attorney-General, Christian Porter, has described the legislation in a media release as the "first comprehensive overhaul of Australia’s debt agreement system in a decade".
Last Thursday, 15 February 2018, the Australian Capital Territory’s Legislative Assembly passed the Monitoring of Places of Detention (Optional Protocol to the Convention Against Torture) Bill 2017 (ACT) (the “Bill”). Now awaiting notification, this Bill affirms the ACT’s commitment to its obligations under the Optional Protocol to the Convention Against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment (OPCAT), ratified by the Australian Government in December 2017.
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