Senate debates

Monday, 28 November 2022

Bills

Treasury Laws Amendment (2022 Measures No. 3) Bill 2022, Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2022, Income Tax Amendment (Labour Mobility Program) Bill 2022; In Committee

1:17 pm

Photo of Nick McKimNick McKim (Tasmania, Australian Greens) Share this | Hansard source

I inform the chamber that the Australian Greens will also not be supporting these amendments. It's our view that the matters dealt with in these amendments are matters best left to regulation, not inserted into legislation.

In recent times, there's been a lot of discussion about the transparency regime for super funds. Senator Pocock has been an active participant in those discussions, and of course that's a good thing. We've got a situation where regulations were introduced by the government post this year's election, and those regulations currently have had two disallowances moved against them—one by me on behalf of the Australian Greens, and one by Senator Lambie. It is strongly the view of the Australian Greens that that is the appropriate forum for discussion and decision, rather than the way forward proposed by these amendments, which is effectively to legislate rather than to regulate.

The CHA IR: The question before the chair is that amendments (1) and (2) on sheet 1733 standing in the name of Senator Hume, as moved by Senator Smith, be agreed to.

The CHAIR (13:26): The question now is that the Treasury Laws Amendment (2022 Measures No. 3) Bill 2022, as amended, be agreed to and that the remaining bills stand as printed.

Question agreed to.

Treasury Laws Amendment (2022 Measures No. 3) Bill 2022, as amended, agreed to.

Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2022 and Income Tax Amendment (Labour Mobility Program) Bill 2022 agreed to.

Treasury Laws Amendment (2022 Measures No. 3) Bill 2022 reported with amendments; Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2022 and the Income Tax Amendment (Labour Mobility Program) Bill 2022 reported without amendments; report adopted.

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