Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025

Summary

Amends the: Corporations Act 2001 to expand beneficial ownership disclosure obligations that apply to entities listed on Australia’s financial markets and broaden the Australian Securities and Investments Commission’s regulatory enforcement powers; Australian Charities and Not-for-profits Commission Act 2012 to provide for new exceptions for the public disclosure of protected Australian Charities and Not-for-profits Commission information about new and ongoing investigations; Financial Regulator Assessment Authority Act 2021 to reduce the frequency of the Financial Regulator Assessment Authority review cycles; Competition and Consumer Act 2010 to extend the operation of the prohibiting energy market misconduct provisions from 1 January 2026 to 1 January 2031; and Income Tax (Transitional Provisions) Act 1997 to extend the $20,000 instant asset write-off by 12 months until 30 June 2026. Also makes minor, technical or machinery amendments to 11 Acts.