I move:

That the following matter be referred to the Economics References Committee for inquiry and report by the last sitting day in March 2011:

The Reserve Bank of Australia’s subsidiaries, Note Printing Australia and Securency, with particular reference to:

(a)

allegations of payments to overseas agents into offshore tax havens and corruption in securing note printing contracts and what the Reserve Bank of Australia, Austrade and the Australian Government knew about the alleged behaviour; and

(b)

action which may be taken to prevent improper dealings occurring again.

I seek leave to make a short statement.