Publish What You Pay Bill

    View Authors December 2014
    On 28 October 2014 the Australian Greens Party introduced its draft Corporations Amendment (Publish What You Pay) Bill 2014 (Bill). The Bill, if passed by both houses of the Federal Parliament, would amend the Australian Corporations Act 2001 (Cth) (Corporations Act) to impose a mandatory disclosure regime on affected companies. It would require disclosure to relevant foreign government entities of any eligible payments of AU$100,000 or more by specified affected companies engaged in ‘resource extraction’ anywhere in the world.