Reserve Bank Amendment (Enhanced Independence) Bill 2008

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
42

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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
Introduced and read a first time 20 Mar 2008
Second reading moved 20 Mar 2008
Second reading debate 14 May 2008
Second reading debate 15 May 2008
Second reading debate 26 May 2008
Second reading agreed to 26 May 2008
Third reading agreed to 26 May 2008
Senate
Introduced and read a first time 16 Jun 2008
Second reading moved 16 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 23 Jun 2008
House of Representatives
Message from Senate reported 24 Jun 2008
Message from Senate reported 19 Mar 2009
Lapsed at dissolution 19 Jul 2010

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

House of representatives

Senate

Schedules of amendments

Bills digest

Notes

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 changes 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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