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Housing Australia Future Fund: Proposed 'thin capitalisation' rules could torpedo housing targets

With its proposed ‘thin capitalisation’ legislation, the federal government is about to perform a slow-motion own goal on housing that will hit supply in the rental market hardest.
Property Council Senate Economics Legislation Committee Thin Capitalisation Bill Treasury Laws Amendment Making Multinationals Pay Their Fair Share Second Reading Speech
Source: afr.com

A Free and Just Society

The institutions of civil society are important because they areneither created nor controlled by the state. While public funding requires accountability and some services require training, skills,and a professional approach, this is entirely within the capabilityof the voluntary sector. Government should not be allowed to seducecommunity groups into becoming its mouthpiece or an extension ofitself.
United Kingdom New Zealand United States Northern Territory Jonathan Sacks David Popenoe

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ATO debt recovery changes to strain AAT resources, increase burden of proof

The new changes to the AAT’s power to modify ATO debt recovery action will further strain the resources of the AAT and increase the burden of proof for small businesses that could lead to ineffective outcomes in tax disputes, according to CA ANZ.
Tony Zhang Michael Croker Taxation Administration Taxation Administration Act Second Reading Speech Explanatory Memorandum

Australia: New South Wales EPA Environmental Crack Down

Australia's NSW Government has introduced the Environment Legislation Amendment Bill 2021 which proposes wide ranging reforms to NSW environmental laws to enable the NSW Environment Protection Authority EPA to crack down on environmental offenders.
Matt Kean Environment Court Consistent Court Powers Linc Energy Environment Protection Authority Environment Legislation Amendment Bill

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