Senate debates

Thursday, 24 June 2010

Bankruptcy Legislation Amendment Bill 2009

Second Reading

10:14 am

Photo of Ursula StephensUrsula Stephens (NSW, Australian Labor Party, Parliamentary Secretary for Social Inclusion and the Voluntary Sector) Share this | Hansard source

I thank the opposition for indicating their support. This is non-controversial legislation. It aims to modernise Australia’s personal insolvency system and, in particular, provide debtors with overwhelming debts a more realistic opportunity to obtain advice and consider all options before contemplating bankruptcy. I thank Senator Brandis for outlining the government’s amendments to the bill. I commend the bill to the Senate.

Question agreed to.

Bill read a second time.

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