Senate debates

Tuesday, 28 March 2006

Financial Framework Legislation Amendment Bill (No. 2) 2005

In Committee

Consideration resumed from 1 March.

1:56 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Shadow Minister for Banking and Financial Services) Share this | | Hansard source

As you pointed out, Mr Chairman, the amendment is co-sponsored by the Australian Democrats and the Australian Labor Party. In my second reading contribution on the Financial Framework Legislation Amendment Bill (No. 2) 2005, I did outline the findings of the Australian National Audit Office in Audit report No. 28—Management of net appropriations and the serious deficiencies that were highlighted in respect of special appropriations. The amendment I have co-sponsored on behalf of the Australian Labor Party with the Australian Democrats requires a register of special appropriations to be tabled in the house of parliament not later than 31 August. The amendment lists the particular appropriations that we believe, for the public record, should be made available and detailed. I would urge the Senate to support a very wise amendment that enhances accountability and openness with respect to the appropriations that the parliament in this case does not deal with.

Question negatived.

Bill agreed to.

Bill reported without amendment; report adopted.