Membership of the Committee

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Membership of the Committee

Senator Grant Chapman (Chairman)
Senator Penny Wong (Deputy Chair)
Senator George Brandis
Senator Stephen Conroy
Senator Andrew Murray
Mr Anthony Byrne MP
Mr Steven Ciobo MP
Mr Alan Griffin MP
Mr Gregory Hunt MP
Mr Stewart McArthur MP

Secretariat

Dr Kathleen Dermody, Secretary
Ms Bronwyn Meredith, Principal Research Officer
Dr Frank Donnan, Principal Research Officer
Ms Cheryl Hardiman, Executive Assistant
Ms Julia Clifford, Executive Assistant

Duties of the Committee

Section 243 of the Australian Securities and Investments Commission Act 2001 sets out the duties of the Committee as follows:

The Parliamentary Committee's duties are:

  1. to inquire into, and report to both Houses on:
    1. activities of ASIC or the Panel, or matters connected with such activities, to which, in the Parliamentary Committee's opinion, the Parliament's attention should be directed; or
    2. the operation of the corporations legislation (other than the excluded provisions), or of any other law of the Commonwealth, of a State or Territory or of a foreign country that appears to the Parliamentary Committee to affect significantly the operation of the corporations legislation (other than the excluded provisions); and
  2. to examine each annual report that is prepared by a body established by this Act and of which a copy has been laid before a House, and to report to both Houses on matters that appear in, or arise out of, that annual report and to which, in the Parliamentary Committee's opinion, the Parliament's attention should be directed; and
  3. to inquire into any question in connection with its duties that is referred to it by a House, and to report to that House on that question.

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