Senate debates

Thursday, 18 November 2010

Banking Amendment (Controls on Variable Interest Rate Changes) Bill 2010

First Reading

9:59 am

Photo of Bob BrownBob Brown (Tasmania, Australian Greens) Share this | | Hansard source

I move:

That the following bill be introduced: A Bill for an Act to amend the Banking Act 1959 to place controls on changes in the variable interest rates of ADIs, and for related purposes.

Question agreed to.

I present the bill and move:

That this bill may proceed without formalities and be now read a first time.

Question agreed to.

Bill read a first time.