Senate Committee report on ABSF Bill 2019


On 13 February 2019, the Australian Treasurer, Josh Frydenberg, introduced the Australian Business Securitisation Fund Bill 2019 (ABSF) into the House of Representatives.  

The Bill is broadly consistent with the exposure draft legislation which was released by Treasury in late December 2018, although the original “authorised debt security” amount of $10 million has been reduced to $5 million.  

On 14 February, the Senate referred the Bill to the Senate Economics Legislation Committee (Senate Committee) for an inquiry and report due 26 March.  

The ASF made a submission to the Senate Committee on 6 March. Then at the invitation of the Senate Committee, the ASF appeared and gave evidence at a public hearing in Sydney on 15 March.

Treasury have released further drafts of the legislation, explanatory materials, rules and investment mandate for the Australian Business Securitisation Fund. These documents can be access via the ABSF website

On 26 March the Senate Committee released its report on the ABSF Bill (incorporating the evidence obtained at its public hearing) and has recommended that the ABSF Bill be passed.

View ASF submission

View all submissions received by the Senate Committee 

View Senate Committee report (PDF)


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