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Financial Framework (Supplementary Powers) Amendment 2024
✦ Plain-English Summary
# Financial Framework (Supplementary Powers) Amendment 2024
## What it does
This bill updates the rules that control how the Australian government spends money. It makes technical corrections to the Financial Framework (Supplementary Powers) Act 1997 and updates several other laws—including ones covering disability services, research, water management, and biosecurity—to align with how government agencies actually operate.
## Why it matters
These changes ensure the government's money-spending rules match current laws and agency structures, preventing legal gaps that could hold up funding or create confusion about what agencies can spend money on. It's mostly housekeeping, but getting it right matters because it keeps government funding flowing smoothly across essential services.
## Key details
- **Commencement:** Most changes take effect the day after the bill receives Royal Assent; a few provisions are contingent on other laws passing first (like the Administrative Review Tribunal Act 2024)
- **Affected areas:** Disability services, scientific research, water management, workplace safety (asbestos and silica), and biosecurity rules
- **What it does:** Makes minor wording corrections, repeals outdated sections, and updates cross-references so different laws work together properly without conflicts
Official Description
Amends the Financial Framework (Supplementary Powers) Act 1997 to remove certain limiting words from section 32B (which confers power on the Commonwealth to make, vary or administer an arrangement or grant) and section 39B (which confers power on the Commonwealth to form a company, participate in the formation of a company, acquire shares in a company or become a member of a company). Also makes consequential amendments to 7 Acts and contingent amendments to 2 Acts.
Committee Referrals
Senate Standing Committee for the Scrutiny of Bills
Audit History
Last updated on APH
10 Apr 2026
Last checked by Crossbench
today
🗳️No formal division recorded
This bill passed by voice vote — parliament agreed without calling a formal count. A division is only recorded when a member explicitly requests one.
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