Reserve Bank Amendment (Enhanced Independence) Bill 2008

Type: Government
Portfolio: Treasury
Originating house: House of Representatives
Status: Not Proceeding
Parliament no: 42
Summary: Amends the
Reserve Bank Act 1959
to give the Governor-General authority to appoint, suspend and terminate the positions of Governor or Deputy-Governor of the Reserve Bank of Australia. Terminations of these positions requires parliamentary approval.

Progress

House of Representatives
20 Mar 2008	Introduced and read a first time
20 Mar 2008	Second reading moved
14 May 2008	Second reading debate
15 May 2008	Second reading debate
26 May 2008	Second reading debate
26 May 2008	Second reading agreed to
26 May 2008	Third reading agreed to

Senate
16 Jun 2008	Introduced and read a first time
16 Jun 2008	Second reading moved
23 Jun 2008	Second reading debate
23 Jun 2008	Second reading debate
23 Jun 2008	Second reading agreed to
23 Jun 2008	Committee of the Whole debate Amendment details: 2 Opposition and 1 Australian Democrats agreed to
23 Jun 2008	Third reading agreed to

House of Representatives
24 Jun 2008	Message from Senate reported
19 Mar 2009	Message from Senate reported
19 Jul 2010	Lapsed at dissolution

Documents and transcripts

Text of bill

First reading

Explanatory memoranda

Explanatory memorandum

Transcript of speeches

Proposed amendments

Senate
Australian Democrats [sheet 5502] MURRAY, Andrew
Family First Party [sheet 5504] FIELDING, Sen Steve
Opposition [sheet 5497] COONAN, Sen Helen

House of Representatives
Non-Government TURNBULL, Malcolm, MP

Schedules of amendments

Schedule of the amendments made by the Senate
(S)

Committee Information

No documents at present

Bills Digest

Notes

Referred to Committee (14/05/2008): Senate Economics Committee
Committee report (11/06/2008)

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Helpful information

Text of bill

First reading: Text of the bill as introduced into the Parliament
Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changed to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

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