Last updated Friday 26 April, 2024 11:41 AM
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See our Diary and Calendar pages for more detailed information.
Metcash's proposed acquisition of Superior Food Services not opposed
The ACCC will not oppose Metcash Trading Limited's (Metcash) proposed acquisition of wholesale food distributor SFG Group Holdings Pty Ltd, trading as Superior Food Services (Superior). Superior purchases a wide range of food products from suppliers and distributes them to food service businesses such as restaurants, cafes, hotels and clubs, petrol and convenience stores, and institutions such as hospitals. Metcash is a wholesale distribution company which supplies grocery and fresh foods to independent supermarkets and retailers. Metcash also operates Campbells, which also wholesales food and food adjacent products to retailers.
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'On Earth Day 2024, the Government signed a public statement of collaboration with the United States and United Kingdom to decarbonise healthcare supply chains. The health system is currently responsible for around 5 per cent of Australia's carbon emissions. Many medicines and health technologies used in Australia are imported from overseas. It is estimated that these global supply chains account for around 75 per cent of the Australian health sector's carbon footprint,' said Assistant Minister for Health and Aged Care Ged Kearney.
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Mergers and acquisitions are important for building a more productive and dynamic economy. They allow businesses to achieve greater economies of scale, and to access new resources, technology and expertise. In doing so, mergers can help businesses maximise the benefits of the big shifts in our economy, such as the transformation to net zero, the emergence of new digital technologies and the growth of the care economy. Importantly, mergers can benefit consumers through lower prices, more choice, and higher quality goods and services, as well as help support sustainable wage growth for workers.
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In the 2023-24 Budget the government announced that it would encourage investment and construction in the build-to-rent (BTR) sector. For eligible new BTR projects where construction commences after 7:30 pm AEST on 9 May 2023 the government will increase the rate for the capital works tax deduction from 2.5 per cent to 4 per cent per year, and reduce the final withholding tax rate on eligible fund payments from managed investment trust investments from 30 per cent to 15 per cent. Following initial consultations with industry, Treasury is currently seeking views from interested parties on the draft legislation and explanatory materials for these changes as well as on the specific implementation details identified by the government.
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The Government has released the inaugural National Defence Strategy, which sets out a fundamentally new approach to the defence of Australia and our interests. Developed in response to last year's Defence Strategic Review, the 2024 National Defence Strategy outlines the Government's strategic framework to guide the significant and urgent changes required to address Australia's challenging strategic circumstances. Together with the rebuilt Integrated Investment Program, the National Defence Strategy is a blueprint to deliver an ambitious transformation of the Australian Defence Force (ADF) to an integrated, focused force capable of safeguarding Australia's security for decades to come.
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See Capital Monitor's Federal Bills Monitor and Acts Assented pages for detailed coverage.
Australian Capital Territory
| Act Name | Date of Notification | Act No. |
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| Gaming Machine Amendment Act 2024 |
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| Government Procurement Amendment Act 2024 |
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| Children and Young People Amendment Act 2024 |
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| Assisted Reproductive Technology Act 2024 |
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| Appropriation Act 2023-2024 (No 2) |
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| Appropriation (Office of the Legislative Assembly) Act 2023-2024 (No 2) |
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| Assisted Reproductive Technology Act 2024 |
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| Climate Change and Greenhouse Gas Reduction (Membership) Amendment Act 2024 |
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| Births, Deaths and Marriages Registration Amendment Act 2024 |
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See Capital Monitor's Australian Capital Territory Bills Monitor and Acts Assented pages for detailed coverage.
New South Wales
See Capital Monitor's New South Wales Bills Monitor and Acts Assented pages for detailed coverage.
Northern Territory
| Act Name | Date of Assent | Act No. |
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| Building Legislation Amendment Act 2024 |
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| Local Government and Place Names Amendment Act 2024 |
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| Housing and Related Legislation Amendment Act 2024 |
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| Justice and Other Legislation Amendment Act 2024 |
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| Fire and Emergency Legislation Amendment Act 2024 |
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| Children's Commissioner Amendment Act 2024 |
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| Livestock and Other Legislation Amendment Act 2024 |
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| Racing and Wagering Act 2024 |
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See Capital Monitor's Northern Territory Bills Monitor and Acts Assented pages for detailed coverage.
Queensland
See Capital Monitor's Queensland Bills Monitor and Acts Assented pages for detailed coverage.
South Australia
See Capital Monitor's South Australian Bills Monitor and Acts Assented pages for detailed coverage.
Tasmania
| Act Name | Date of Assent | Act No. |
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See Capital Monitor's Tasmanian Bills Monitor and Acts Assented pages for detailed coverage.
Victoria
See Capital Monitor's Victorian Bills Monitor and Acts Assented pages for detailed coverage.
Western Australia
| Act Name | Date of Assent | Act No. |
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| Electricity Industry Amendment (Distributed Energy Resources) Act 2024 |
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| Perth Parking Management Act 2024 |
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| Perth Parking Management Amendment Act 2024 |
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| Casino (Burswood Island) Agreement Amendment Act 2024 |
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| Corruption, Crime and Misconduct Amendment Act 2024 |
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| Sentence Administration Amendment (Monitoring Equipment) Act 2024 |
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| Rail Safety National Law Application Act 2024 | 26/03/24 |
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| Vocational Education and Training Amendment Act 2024 | 26/03/24 |
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| Land Tax Assessment Amendment (Residential Construction Exemptions) Act 2024 |
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See Capital Monitor's Western Australian Bills Monitor and Acts Assented pages for detailed coverage.
Federal
Federal Parliament will next sit from 14 - 16 May 2024.
The 2024-25 Federal Budget will be handed down on Tuesday, 14 May.
Additional Budget Estimates were held Monday 12 Feb - Friday 16 Feb. Additional dates: 27 Feb, 18, 19 & 27 March.
Budget Estimates are on 28 May - 7 June.
Supplementary Budget Estimates are on 4 - 8 Nov.
The last Federal Election was on 21 May 2022.
Federal Administrative Arrangements Orders were most recently made on 16 August 2023.
Australian Capital Territory
The Australian Capital Territory Parliament will next sit from 9 - 11 April 2024.
The 2024-25 Territory Budget will be handed down on Tuesday 25 June.
Budget Estimates are on 22 July - 5 August.
The next ACT election is scheduled for Saturday 19 October 2024.
ACT Administrative Arrangements Orders were most recently made on 11 December 2023.
New South Wales
NSW Parliament will next sit 7 - 9, and 14- 16 May 2024.
The 2024-25 State Budget will be handed down in June 2024.
2024 Supplementary Budget Estimates are on 20 Feb - 7 March.
Budget Estimates are on Tuesday 27 August - Wednesday 11 September.
The last NSW Election was on 25 March 2023.
New South Wales Administrative Arrangements Orders were most recently made on 05 April 2023.
Northern Territory
The Northern Territory Parliament will next sit from 14 - 16, and 21- 23 May 2024.
The 2024-25 Territory Budget is scheduled to be handed down on Tuesday, 14 May.
Budget Estimates are on 11-20 June.
The next Northern Territory Election is scheduled for Saturday 24 August 2024.
Northern Territory Administrative Arrangements Orders were most recently made on 01 February 2024.
Queensland
The Queensland Parliament will next sit 16 - 18, and 30 April and 1 - 2 May 2024.
The 2024-25 State Budget will be handed down on Tuesday, 11 June.
Budget Estimates are on 23 July-1 August.
The next Queensland Election is scheduled for Saturday 26 October 2024.
Queensland Administrative Arrangements Orders were most recently made on 18 December 2023.
South Australia
The South Australian Parliament will next sit from 9 - 11 April 2024.
The 2024-25 State Budget will be handed down on Thursday, 6 June.
Budget Estimates are on 20-26 June.
The last South Australian Election was on 19 March 2022.
South Australian Administrative Arrangements Orders were most recently made on 29 September 2022.
Tasmania
The Tasmanian Parliament will next sit from TBC.
The Tasmanian Parliament was prorogued on 14 February 2024.
All legislation in the prorogued Parliament is now lapsed.
The 2024-25 State Budget will be handed down TBC.
Budget Estimates will be held at TBC
The last Tasmanian Election was held on Saturday 23 March 2024.
Tasmanian Administrative Arrangements Orders were most recently made on 25 July 2023.
Victoria
The Victorian Parliament will next sit on 30 April, 1 - 2 May and 7 May 2024.
The 2024-25 State Budget will be handed down on 7 May 2024.
Budget Estimates are in June TBC.
The last Victorian election was held on 26 November 2022.
Victorian Administrative Arrangements Orders were most recently made on 02 October 2023 with supplementary Orders made on 12 December 2023.
Western Australia
The Western Australian Parliament will next sit on 7 - 9, and 14 - 16 May 2024.
The 2024-25 State Budget will be handed down in early May.
Budget Estimates are on 21-23 May.
The next Western Australian election is scheduled for 8 March 2025.
Western Australian Administrative Arrangements Orders were most recently made on 08 June 2023.
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