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Sep 18, 2024 / News
Mandatory climate-related disclosures legislation passed
The Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (‘the Act’) has introduced mandatory climate-related disclosures for most entities reporting under Chapter 2M of the Corporations Act 2001. Read more
Apr 29, 2024 / News
Climate-related disclosures Bill introduced into Parliament
On 27 March 2024 the Federal Government introduced a Bill into Parliament to mandate climate-related financial disclosures in an entity’s annual report. Read more
Apr 10, 2024 / News
New tax disclosures in financial reports
The Treasury Laws Amendment (Making Multinationals Pay Their Fair Share – Integrity and Transparency) Act 2024 amends the Corporations Act 2001 to enhance transparency around tax residency of entities within a consolidated group. Read more
Jan 23, 2024 / News
Draft legislation for climate-related disclosures issued
The Treasury has released its climate-related financial disclosure: exposure draft legislation. Read more
Nov 22, 2023 / News
Proposed Australian Sustainability Reporting Standards issued
The Australian Government is committed to introducing internationally-aligned mandatory climate related financial reporting beginning with large businesses and financial institutions. As part of this commitment the AASB has released its proposals for Australian equivalents of the International Sustainability Standards Board’s (ISSB) sustainability reporting standards. What are the key proposals, who will they affect and when? Read more
