News in brief…29 November 2024

Legislation update: Consolidated Entity Disclosure bill passes parliament; Legislation update: Commonwealth entities payment surcharge bills pass parliament; Legislation update: Future made in Australia bills pass parliament; Legislation update: Bill to streamline small business tax obligations passes parliament; Legislation update: Mergers and acquisitions reform bill passes House; Legislation update: Reserve Bank Reforms bill passes parliament; Legislation update: BNPL, CbC reporting, instant asset write-off bill passes parliament; Legislation update: Production tax incentive bills pass House; Legislation update: General, shortfall interest charge bill introduced; ATO consults on ‘certain transaction’ exemptions for EDP operator reporting requirements