Footnotes

Footnotes

Report - Financial Sector Legislation Amendment Bill (No. 1) 2000

[1]           Selection of Bills Committee Report No. 10 of 2000, dated 27 June 2000.

[2]           Financial Sector Legislation Amendment Bill (No. 1) 2000, Second Reading Speech, House of Representatives Hansard, 13 April 2000, p. 15889.

[3]           Financial Sector Legislation Amendment Bill (No. 1) 2000, Bills Digest No. 171 1999-2000, p. 3.

[4]           Financial Sector Legislation Amendment Bill (No. 1) 2000, Explanatory Memorandum, p. 7.

[5]           Under section 63 of the Banking Act, the Treasurer has the power to delegate his or her functions to the Australian Prudential Regulation Authority (APRA), an APRA Board member or an APRA staff member; an officer of the Department and, in relation to demutualisations, to the Australian Securities and Investments Commission (ASIC).

[6]           Financial Sector Legislation Amendment Bill (No. 1) 2000, Explanatory Memorandum, p. 7.

[7]           Financial Sector Legislation Amendment Bill (No. 1) 2000, Second Reading Speech, House of Representatives Hansard, 13 April 2000, p. 15889.

[8]           Financial Sector Legislation Amendment Bill (No. 1) 2000, Explanatory Memorandum, p. 7.

[9]           Financial Sector Legislation Amendment Bill (No. 1) 2000, Explanatory Memorandum, p. 13.

[10]         Evidence, p. 11.

[11]         Evidence, pp. 9‑10.

[12]         Evidence, p. 10.

[13]         Evidence, p. 12.

[14]         Evidence, p. 13.

[15]         Evidence, p. 17.

[16]         Evidence, p. 18.

[17]         Evidence, p. 17.

[18]         Evidence, p. 6.

[19]         Evidence, p. 18.

[20]         Submission No. 2, Financial Sector Union Australia, p. 4.

[21]         Evidence, p. 5.

[22]         Evidence, p. 5.

[23]         Evidence, p. 20.

[24]         Evidence, p. 19.

[25]         Evidence, p. 7.

[26]         Evidence, p. 8.

[27]         Evidence, p. 2.

[28]         Evidence, p. 2.

[29]         Evidence, p. 4.

[30]         Evidence, p. 5.

[31]         Evidence, p. 5.

[32]         Evidence, p. 4.

[33]         Evidence, p. 3.

[34]         Evidence, p. 3.

[35]         Evidence, p. 7.

[36]         Submission No. 1, Australian Consumers’ Association, p. 1.

[37]         Submission No. 2, Financial Sector Union, p. 3.

[38]         Evidence, p. 6.

[39]         Evidence, p. 1.

[40]         Evidence, p. 1.

[41]         Evidence, p. 3.

[42]         Evidence, p. 3.

[43]         Evidence, p. 2.

[44]         Evidence, p. 3.

[45]         Evidence, p. 2.

[46]         Evidence, p. 2.

[47]         Submission No. 1, Australian Consumers’ Association, p. 1.

[48]         Submission No. 1, Australian Consumers’ Association, p. 6.

[49]         Evidence, p. 2.

[50]         Evidence, p. 14.

[51]         Evidence, p. 3.

[52]         Australian Banker’s Association, ‘Australian Banks are good corporate citizens – no need for American-style community service obligations’, Australian Bankers’ Association media release 11/00, 31 July 2000.

[53]         ‘Competition in UK Banking:  The Cruikshank Report - Government Response’, HM Treasury, August 2000, recommendation 11 and response.

[54]         ‘Competition in UK Banking:  The Cruikshank Report - Government Response’, HM Treasury, August 2000, recommendation 54 and response.

[55]         Evidence, p. 8.

[56]         Submission No. 1 - Supplementary, Australian Consumers’ Association, p. 3.

[57]         Submission No. 1 - Supplementary, Australian Consumers’ Association, p. 3.

[58]         Submission No. 1 - Supplementary, Australian Consumers’ Association, p. 8.

[59]         Submission No. 1 - Supplementary, Australian Consumers’ Association, p. 7.

[60]         Evidence, p. 2.

[61]         Evidence, p. 17.