House debates

Thursday, 15 March 2012

Motions

Future Fund

3:06 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

I second the motion. We should suspend standing orders because there have been a number of failures that must be dealt with urgently by this House. In the first place, there has been a complete failure of good governance. David Murray, the outgoing chairman of the Future Fund, actually said:

The decision has been left late every time …

You need to give people information and you need to make decisions in a timely way. It helps to govern the organisation itself.

And the government has yet again procrastinated about the appointment of people to run the most important fund of money that Australian taxpayers have outside of the mainstream budget. But it goes further. The Minister for Finance and Deregulation and the Treasurer—

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