On 3 October, the Treasury Laws Amendment (Tax Integrity and Other Measures) Bill 2018 received Royal Assent.

The Explanatory Memorandum states that the Bill contains the a number of measures, including amendments the income tax law and the Venture Capital Act 2002 (Cth) to ensure that the venture capital tax concessions are available for investments in fintech businesses, which apply in relation to investments made on or after 1 July 2018.