Skip to main content

Australia: Beneficial ownership, instant asset write-off bill receives Royal Assent

The Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 receives Royal Assent

Share
December 5, 2025

Legislation to bolster the substantial holding and tracing notice regimes that govern the disclosure of beneficially owned interests in listed entities, and extend the instant asset write-off by 12 months, has received Royal Assent.

The Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025:

  • Enhances the beneficial ownership disclosure obligations that already apply to entities listed on Australia's financial markets
  • Provides two new exceptions for the public disclosure of protected Australian Charities and Not-for-profits Commission (ACNC) information about new and ongoing investigations
  • Reduces the frequency of the Financial Regulator Assessment Authority's (FRAA) reviews of the Australian Securities and Investments Commission (ASIC) and Australian Prudential Regulation Authority (APRA) to every five years
  • Makes minor and technical amendments to Treasury portfolio legislation

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.
All fields with an asterisk (*) are required.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline