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Bills of previous Parliaments

Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Coronavirus Economic Response Package Amendment (Ending Jobkeeper Profiteering) Bill 2021

Type	Private
Originating house	Senate
Status	Not Proceeding
Sponsor	MCKIM, Sen Nick

Summary

Amends the Coronavirus Economic Response Package (Payments and Benefits) Act 2020 to: delay businesses with an annual turnover of more than $50 million from claiming GST credits for ten years, or until they pay back the amount of Jobkeeper payment they received equal to the amount of profits made and/or executive bonuses paid during the financial year in which the entity received the payment; and require the Australian Taxation Office to publish a list of all entities with an annual turnover of more than $50 million in receipt of Jobkeeper payments and how much each entity received.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.