• The Customs Amendment Bill 2014, which makes a number of technical amendments to the Customs Act 1901, was passed by the Senate yesterday without amendment and now awaits Royal Assent.
  • The Daily Program for the House of Representatives indicates that the House will consider the Senate amendments to the Tax Laws Amendment (Research and Development) Bill 2013today. This Bill proposes to deny access to the research and development (R&D) tax incentive for certain large companies.