Michael McCormack (Riverina, National Party, Minister for Small Business) Share this | Link to this | Hansard source

I move:

That this bill be now read a second time.

The Public Governance and Resources Legislation Amendment Bill (No. 1) 2017 amends 13 pieces of Commonwealth legislation to harmonise relevant provisions with the Public Governance, Performance and Accountability Act 2013(the PGPA Act) and the Commonwealth's broader resource management framework.

The bill ensures improved consistency between other acts and the PGPA Act that aims to put in place the legislative underpinnings of an integrated system that promotes high standards of governance, performance and accountability.

Under this simplified financial framework, officials within Commonwealth entities will have the flexibility and incentives to adopt appropriate systems and processes that help them to achieve diverse policy and statutory objectives efficiently and effectively. They will also be held to high standards of accountability through a more explicit framework for monitoring and evaluating performance.

This bill makes amendments to:

The bill also contains minor amendments to legislation consequential to the sale of Medibank Private Limited in 2014.

I commend the bill to the House.

Debate adjourned.