The Albanese government has no tolerance for corruption of any kind, whether in the public sector or the private sector. Foreign bribery is corruption and an insidious problem across the world. It harms communities, impedes economic development and undermines the rule of law.

The bill addresses longstanding key challenges with investigating and prosecuting cases of foreign bribery in Australia. I commend the bill to the Senate.

The question is that the second reading amendment as moved by Senator David Pocock be agreed to.