Senate debates

Wednesday, 15 November 2023

Bills

Treasury Laws Amendment (2023 Measures No. 1) Bill 2023; In Committee

10:48 am

Photo of Malarndirri McCarthyMalarndirri McCarthy (NT, Australian Labor Party, Assistant Minister for Indigenous Australians) Share this | Hansard source

The issues in the industry have been well canvassed through the media and through multiple Senate inquiries, and these amendments respond to the numerous stakeholder submissions that have called for change and action in this space. The amendments by the Greens will receive further scrutiny on how they are implemented. The Tax Practitioners Board will release draft guidance on the proposed disclosure requirements, and this guidance will be provided both publicly and directly to industry through TPB's governance and consultative forums. The TPB will consider the feedback before finalising the guidance.

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