Corporations and Financial Services


Corporations and Financial Services

1 January 2007 - 30 June 2007

Matters Current as at 1 January 2007
Matters Referred during period (including estimates and annual reports)
Reports tabled that discharge a reference
Current Inquiries as at 30 June 2007
Joint Statutory 5 1 3+(1*) 3

Number and Hours of Meeting
Public
Hrs
Public Estimates
Hrs
Private
Hrs
Insp/Other
Hrs
Total Meetings
Total Hours
Joint Statutory 6 23:44 0 0:00 7 2:57 0 0:00 13 26:41

Meetings by State
ACT NSW VIC TAS SA WA NT QLD
Joint Statutory 9 1 3 0 0 0 0 0

Witnesses
Hansard Pages
Televised hearings
Estimates
Other (Bills)
General
Estimates
Other (Bills)
General
No. of submissions
No. of Pages
Government Responses
Joint Statutory 2 0 30 40 0 138 285 29 316 0

*Report that did not discharge a reference

 

Corporations and Financial Services (Joint Statutory)

1 January 2007 to 30 June 2007

Method of appointment

Pursuant to section 241 of the Australian Securities and Investments Commission Act 2001; appointed 18 November 2004

Current members

Date of appointment

Senator Grant Chapman (SA, LP)
(elected Chair-2.12.04)

1.12.04

Ms Anna Burke, MP (Chisholm, Vic, ALP)
(elected Deputy Chair-8.12.04)

2.12.04

Senator Cory Bernardi (SA, LP)

28.2.07

Senator Andrew Murray (WA, AD)

1.12.04

Senator the Hon Nick Sherry (Tas, ALP)

25.10.06

Senator Penny Wong (SA, ALP)

1.12.04

Mr Mark Baker, MP (Braddon, Tas, LP)

16.8.05

Mr Kerry Bartlett, MP (Macquarie, NSW, LP)

6.12.04

Mr Chris Bowen, MP (Prospect, NSW, ALP)

2.12.04

Mr Stewart McArthur, MP (Corangamite, Vic, LP)

6.12.04

 

Former members

Term of appointment

Senator Kate Lundy (ACT, ALP)

1.12.04-30.6.05

The Hon Ms Jackie Kelly, MP (Lindsay, NSW, LP)

6.12.04-16.8.05

Senator the Hon Nick Sherry (Tas, ALP)

1.7.05-24.10.06

Senator Michael Forshaw (NSW, ALP)

24.10.06-25.10.06

Senator the Hon George Brandis (Qld, LP)

1.12.04-30.1.07

 

Inquiries

As at 1 January 2007

  • Performance of statutory duties (continuing)
  • Superannuation industry (adopted 30 June 2006)
  • Shareholder engagement (adopted 30 June 2006)
  • Exposure Draft of the Corporations Amendment (Takeovers) Bill 2006 (adopted 11 October 2006)
  • Exposure Draft of the Corporations Amendment (Insolvency) Bill 2007 (adopted 29 November 2006)

Current inquiries

As at 30 June 2007

  • Performance of statutory duties (continuing)
  • Superannuation industry (adopted 30 June 2006)
  • Shareholder engagement (adopted 30 June 2006)

New references

1 January 2007 – 30 June 2007

  • Corporations Legislation Amendment (Simpler Regulatory System) Bill 2007; Corporations (Fees) Amendment 2007 and Corporations (Review Fees) Amendment 2007 (adopted 9 May 2007; upon its introduction in the House of Representatives [24 May 2007])

Public hearings

1 January 2007 – 30 June 2007

  • Exposure Draft of the Corporations Amendment (Insolvency) Bill 2007 – 5March 2007, Melbourne
  • Superannuation industry – 5 & 6 March 2007, Melbourne; 7 March 2007, Sydney
  • Statutory oversight of the Australian Securities and Investments Commission – 12 June 2007, Canberra
  • Corporations Legislation Amendment (Simpler Regulatory System) Bill 2007; Corporations (Fees) Amendment 2007 and Corporations (Review Fees) Amendment 2007 – 13 June 2007, Canberra

Reports tabled

1 January 2007 – 30 June 2007

  • Corporations Amendment (Takeovers) Bill 2006 [Exposure Draft] (presented out of session on 23 February 2007; tabled on 26 February 2006)
  • Statutory oversight of the Australian Securities and Investments Commission (tabled 1 March 2007)
  • Corporations Amendment (Insolvency) Bill 2007 [Exposure Draft] and Corporations and Australian Securities and Investments Commission Amendment Regulations 2007 [Exposure Draft] (tabled 29 March 2007)
  • Corporations Legislation Amendment (Simpler Regulatory System) Bill 2007; Corporations (Fees) Amendment 2007 and Corporations (Review Fees) Amendment 2007 (tabled 19 June 2007)

Government responses

1 January 2007 – 30 June 2007

  • Nil

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