Development of Australian Retail Corporate Bond Market

House of Representatives

The House of Representatives Committee on Tax and Revenue

has commenced an inquiry into the development of the Australian retail corporate bond market.

Mr Jason Falinski, Chair of the Committee, stated, ‘A number of reviews have observed that the Australian retail corporate bond market is small compared to those of similar countries. The Committee is interested in why Australian businesses make greater use of offshore bond markets rather than issuing bonds.’

The Committee will consider the tax treatment of corporate bonds as well as the Corporations Act 2001 to determine whether there are any impediments to the development of the retail corporate bond market.

Submissions from interested individuals and organisations are invited by Thursday, 19 March 2020. The preferred method of receiving submissions is by electronic format lodged online using a My Parliament account.

/Public Release.