Opened the debate
Leigh argued that the bill strengthens market confidence and supports long-term economic growth through improved transparency and regulatory efficiency. Leigh highlighted the extension of the instant asset write-off for assets under $20,000 until mid-2026 as a key measure to boost productivity by encouraging business investment in equipment and technology. Leigh emphasised that corporate disclosure reforms would close loopholes regarding equity derivatives and provide journalists and academics with fee-free access to ownership information. Leigh also supported changes allowing the Australian Charities and Not-for-profits Commission to disclose investigations to maintain public trust and support philanthropy goals. Additionally, Leigh noted that extending energy market consumer protections and adjusting financial regulator review cycles would enhance system stability and effectiveness.