Key Documents
The government made an election commitment to implement a public beneficial ownership register. This will improve transparency of corporate structures by showing who ultimately owns, controls, or receives profits from companies.
The first stage of reform is legislation focusing on listed companies.
The reforms propose amending the Corporations Act 2001 to:
- increase the disclosure of ownership information for listed companies
- broaden the Australian Securities and Investment Commission’s regulatory enforcement powers.
The exposure draft was informed by previous consultation. This consultation will help finalise the legislation.
Consultation forums
If you have any questions or would like to engage with us in a live forum, please attend one of our online information sessions:
- Tuesday 26 November, 10 am – 11 am
- Thursday 28 November, 10 am – 11 am
To register, please email beneficialownership@treasury.gov.au with your preferred date and time.
Responding
You can submit responses to this consultation up until 13 December 2024. Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
View our submission guidelines for further information.
How To Respond
Post
Address written submissions to:
Market Conduct and Digital Division
Treasury
Langton Cres
Parkes ACT 2600