Bipartisan deal on gambling includes a review after three years
After striking an agreement with the opposition, the government agreed to somewhat toughen its original plan on the legislation.
A bipartisan deal on gambling reforms has been passed in federal parliament, with a review scheduled after three years. The government and opposition reached an agreement to implement several changes to the original plan, including banning inducements for 90 days post-Bet-stop deregistration, extending the live sport blackout to 15 minutes before a game, and prohibiting commissions for staff or agents of gambling companies.
Other measures include raising the start time of broadcast restrictions from 6am to 5am, maintaining advertising restrictions on live sport on online streamers, and requiring online advertisers to pay for a global opt-out register. The gambling legislation will commence on January 1 and will undergo a review three years later. The opposition pushed for the legislation to be strengthened, but some in the Coalition found the changes insufficient.
Shadow assistant minister for finance Simon Kennedy advocated for a full implementation of the report, while opposition leader Angus Taylor sought to strike a deal with the government, as did the "widow tax" issue, which aimed to preserve negative gearing and CGT benefits for jointly owned properties in the event of death or divorce.
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