| Name of Bill | Portfolio | Summary | Status at 15 September 2016 |
| Budget Savings (Omnibus) Bill 2016 | Treasury | 24 measures designed to assist in bringing the Budget back to surplus | Assent |
| Social Services Legislation Amendment (Simplifying Student Payments) Bill 2016 | Social Services | Package of measures aimed at simplifying student payments | Before House of Representatives |
| Tax and Superannuation Laws Amendment (2016 Measures No. 2) Bill 2016 | Treasury |
Grants the Commissioner of Taxation power to make modifications to taxation law to ensure the law can be administered to achieve its intended purpose Allowing primary producers to opt back into income tax averaging 10 income years after choosing to opt out Provide relief from luxury car tax for cars imported for display purposes Misc. amendments for care and maintenance of the tax system |
Before House of Representatives |
| Family Assistance Legislation Amendment (Jobs for Families Child Care Package) Bill 2016 | Education and Training |
Introduce key aspects of the Jobs for Families Child Care Package as per 2015-16 Budget Child Care Subsidy to replace CCB and CCR New safety net for disadvantaged families: Additional Child Care Subsidy |
Before House of Representatives |
| International Tax Agreements Amendment Bill 2016 | Treasury | Give legislative effect to Australia-Germany Tax Treaty signed on 12 November 2015 | Before House of Representatives |
| Social Services Legislation Amendment (Budget Repair) Bill 2016 | Social Services |
Reduce the period during which pension can be paid at the means-tested rate outside Australia Pause indexation of income thresholds of certain benefits and allowances and income test free area for parenting payment single Abolish pensioner education supplement Abolish education entry payment from Veterans’ Entitlement Act 1986 |
Before House of Representatives |
| Social Services Legislation Amendment (Family Payments Structural Reform and Participation Measures) Bill 2016 | Social Services |
Increase FTB Part A by $10.08 for each child in the family up to 19 years of age Restructuring FTB Part B Phase out the end-of-year supplements Increase certain youth allowance and disability support pension by approximately $7.48/ fortnight for recipients under 18 years of age |
Before House of Representatives |
|
Social Services Legislation Amendment (Youth Employment) Bill 2016 |
Social Services |
Extend and simplify ordinary waiting period for all working age payments Extend youth allowance to 22 to 24 year olds instead of newstart and sickness allowance Four-week waiting period for those under 25 in applying for benefits and require pre-benefit activities |
Before House of Representatives |
| Treasury |
Reduce corporate tax rate for business with an aggregated turnover of less than $10 million dollars to 27.5% for 2016-17 financial year and gradually apply this rate to all corporate tax entities by 2023-24 financial year Reduce the corporate tax rate in stages to 25% by 2026-27 financial year Increase the small business income tax offset to 16 per cent of an eligible individual’s basic income tax liability from the 2026-27 financial year Enable small businesses with an aggregated turnover of less than $10 million to access most small business tax concessions, and small businesses with an aggregated turnover of less than $5 million to access the small business income tax offset |
Before House of Representatives | |
| Treasury | Increase the third personal income tax threshold so that the rate of tax payable on taxable incomes from $80,001 to $87,000 for individuals is 32.5% | Before House of Representatives | |
|
Mining Subsidies Legislation Amendment (Raising Revenue) Bill 2014 |
Private Member Bill (Christine Milne) | Abolish fossil fuel subsidies for the mining industry from 1 January 2015 | Before Senate |
| Immigration and Border Protection | Increase the rate of excise-equivalent customs duty on tobacco and tobacco products through a series of four annual increases of 12.5 per cent, commencing on 1 September 2017. | Passed both houses | |
| Excise Tariff Amendment (Tobacco) Bill 2016 | Treasury | Increase the rate of excise-equivalent customs duty on tobacco and tobacco products through a series of four annual increases of 12.5 per cent, commencing on 1 September 2017. | Passed both houses |
Source: Parliament of Australia
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