National Housing Finance and Investment Corporation Bill 2018

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
45

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Summary

Introduced with the National Housing Finance and Investment Corporation (Consequential Amendments and Transitional Provisions) Bill 2018, the bill: establishes the National Housing Finance and Investment Corporation (NHFIC) as a corporate Commonwealth entity to make loans and investments and issue grants, within constitutional limitations, to improve housing outcomes; provides for the appointment, functions and powers of the NHFIC Board, CEO, staff and consultants; enables and requires the minister, by legislative instrument, to give the board directions that together constitute the Investment Mandate; and specifies the arrangements for the NHFIC’s final affairs in relation to maintenance of adequate capital and reserves, payment of dividends, borrowings, Commonwealth guarantee and taxation.

Progress

House of Representatives
Introduced and read a first time 15 Feb 2018
Second reading moved 15 Feb 2018
Second reading debate 28 Feb 2018
Referred to Federation Chamber 28 Feb 2018
Second reading debate 28 Feb 2018
Second reading agreed to 28 Feb 2018
Reported from Federation Chamber 01 Mar 2018
Third reading agreed to 01 Mar 2018
Senate
Introduced and read a first time 19 Mar 2018
Second reading moved 19 Mar 2018
Second reading debate 28 Jun 2018
Second reading agreed to 28 Jun 2018
Third reading agreed to 28 Jun 2018
Finally passed both Houses 28 Jun 2018
Assent
  • Act no: 65
  • Year: 2018
29 Jun 2018

Documents and transcripts

Text of bill

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Word Format PDF Format HTML Format

Explanatory memoranda

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Proposed amendments

Senate

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Schedules of amendments

No documents at present

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.