Economics


Economics

1 January 2012 - 30 June 2012

Matters Current as at 1 January 2012
Matters referred during period*
Reports tabled that discharge a reference
Current inquiries as at 30 June 2012
Legislation 3 10 11+1^ 1
References 0 2 0 2
Total 3 12 11+1^ 3

Number and Hours of Meeting
Public
Hrs
Public Estimates
Hrs
Private
Hrs
Insp/Other
Hrs
Total Meetings
Total Hours
Legislation 5 27:22 7 65:45 14 1:21 0 0:00 26 94:28
References 0 0:00 0 0:00 3 0:39 0 0:00 3 0:39
Total 5 27:22 7 65:45 17 2:00 0 0:00 29 95:07

Meetings by State
ACT NSW VIC TAS SA WA NT QLD
Legislation 26 0 0 0 0 0 0 0
References 3 0 0 0 0 0 0 0
Total 29 0 0 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
Legislation 12 327 98 0 802 306 0 108 1214 0
References 0 0 0 0 0 0 0 137 2398 2
Total 12 327 98 0 802 306 0 245 3612 2

* Includes referral of Annual reports x 1; estimates x 2

^ denotes 2 bill references discharged by one report

Economics (Legislation)

1 January 2012 to 30 June 2012

Method of appointment

Pursuant to amended Senate Standing Order 25.

Current members

Date of appointment

Senator Mark Bishop (WA, ALP)
(elected Chair 04.07.11)

01.07.11

Senator David Bushby (TAS, LP)
(elected Deputy Chair 07.07.11)
(Deputy Chair 30.09.10–09.02.11)

30.09.10

Senator Alan Eggleston (WA, LP)
(Deputy Chair 10.02.11–04.07.11)

09.02.11

Senator Doug Cameron (NSW, ALP)

30.09.10

Senator Anne Urquhart (TAS, ALP)

01.07.11

Senator Nick Xenophon (SA, IND)

30.09.10
   

Participating members

Date of appointment

Senator the Hon Eric Abetz (TAS, LP)

30.09.10

Senator Chris Back (WA, LP)

30.09.10

Senator Cory Bernardi (SA, LP)

30.09.10

Senator Catryna Bilyk (TAS, ALP)

30.09.10

Senator Simon Birmingham (SA, LP)

30.09.10

Senator the Hon Ronald Boswell (QLD, NATS)

30.09.10

Senator Sue Boyce (QLD, LP)

30.09.10

Senator the Hon George Brandis (QLD, LP)

30.09.10

Senator Carol Brown (TAS, ALP)

30.09.10

Senator Michaelia Cash (WA, LP)

30.09.10

Senator the Hon Richard Colbeck (TAS, LP)

30.09.10

Senator the Hon Jacinta Collins (VIC, ALP)

30.09.10

Senator Mathias Cormann (WA, LP)

30.09.10

Senator Trish Crossin (NT, ALP)

30.09.10

Senator Richard Di Natale (VIC, AG)

05.07.11

Senator Sean Edwards (SA, LP)

01.07.11

Senator the Hon John Faulkner (NSW, ALP)

30.09.10

Senator David Fawcett (SA, LP)

01.07.11

Senator Concetta Fierravanti-Wells (NSW, LP)

30.09.10

Senator Mitch Fifield (VIC, LP)

30.09.10

Senator Mary Jo Fisher (SA, LP)

30.09.10

Senator Mark Furner (QLD, ALP)

30.09.10

Senator Alex Gallacher (SA, ALP)

01.07.11

Senator Sarah Hanson-Young (SA, AG)

30.09.10

Senator the Hon Bill Heffernan (NSW, LP)

30.09.10

Senator Gary Humphries (ACT, LP)

30.09.10

Senator the Hon David Johnston (WA, LP)

30.09.10

Senator Barnaby Joyce (QLD, NATS)

30.09.10

Senator Helen Kroger (VIC, LP)

30.09.10

Senator Scott Ludlam (WA, AG)

30.09.10

Senator the Hon Ian Macdonald (QLD, LP)

30.09.10

Senator John Madigan (VIC, DLP)

07.07.11

Senator Gavin Marshall (VIC, ALP)

30.09.10

Senator the Hon Brett Mason (QLD, LP)

30.09.10

Senator Anne McEwen (SA, ALP)

30.09.10

Senator Bridget McKenzie (VIC, NATS)

01.07.11

Senator Christine Milne (TAS, AG)

30.09.10

Senator Claire Moore (QLD, ALP)

30.09.10

Senator Fiona Nash (NSW, NATS)

30.09.10

Senator Stephen Parry (TAS, LP)

30.09.10

Senator Marise Payne (NSW, LP)

30.09.10

Senator Helen Polley (TAS, ALP)

30.09.10

Senator Louise Pratt (WA, ALP)

01.07.11

Senator Lee Rhiannon (NSW, AG)

05.07.11

Senator the Hon Michael Ronaldson (VIC, LP)

30.09.10

Senator Scott Ryan (VIC, LP)

30.09.10

Senator the Hon Nigel Scullion (NT, CLP)

30.09.10

Senator Rachel Siewert (WA, AG)

30.09.10

Senator the Hon Lisa Singh (TAS, ALP)

01.07.11

Senator Dean Smith (WA, LP)

09.05.12

Senator the Hon Ursula Stephens (NSW, ALP)

30.09.10

Senator Glenn Sterle (WA, ALP)

30.09.10

Senator Matt Thistlethwaite (NSW, ALP)

01.07.11

Senator Lin Thorp (TAS, ALP)

21.06.12

Senator Larissa Waters (QLD, AG)

05.07.11

Senator Peter Whish-Wilson (TAS, AG)

25.06.12

Senator John Williams (NSW, NATS)

09.02.11

Senator Penny Wright (SA, AG)

05.07.11

Senator Nick Xenophon (SA, IND)

19.06.12
   

Former members

Term of appointment

Senator Annette Hurley (SA, ALP)
(Chair 30.09.10–30.06.11)

30.09.10–30.06.11

Senator Louise Pratt (WA, ALP)

30.09.10–01.07.11

Senator John Williams (NSW, NATS)

30.09.10–09.02.11
   

Former substitute members

Term of appointment

Senator Mark Furner (QLD, ALP)[1]

31.05.12–31.05.12

Senator Alex Gallacher (SA, ALP)[2]

28.05.12–30.05.12

Senator Alex Gallacher (SA, ALP)[3]

01.06.12–01.06.12

Senator Anne McEwen (SA, ALP)[4]

15.02.12–15.02.12

Senator Anne McEwen (SA, ALP)[5]

17.02.12–17.02.12

Senator Christine Milne (TAS, AG)[6]

19.06.12-25.06.12

Senator the Hon Nick Sherry (TAS, ALP)[7]

15.02.12–15.02.12

Senator the Hon Nick Sherry (TAS, ALP)[8]

16.02.12–16.02.12

Senator the Hon Nick Sherry (TAS, ALP)[9]

28.05.12–01.06.12
   

Former participating members

Term of appointment

Senator Judith Adams (WA, LP)

30.09.10–31.03.12

Senator Guy Barnett (TAS, LP)

30.09.10–30.06.11

Senator Mark Bishop (WA, ALP)

30.09.10–01.07.11

Senator Bob Brown (TAS, AG)

30.09.10-15.06.12

Senator the Hon Helen Coonan (NSW, LP)

30.09.10–22.08.11

Senator Alan Eggleston (WA, LP)

30.09.10–09.02.11

Senator the Hon Alan Ferguson (SA, LP)

30.09.10–30.06.11

Senator Steve Fielding (VIC, FFP)

30.09.10–30.06.11

Senator Michael Forshaw (NSW, ALP)

30.09.10–30.06.11

Senator Steve Hutchins (NSW, ALP)

30.09.10–30.06.11

Senator Julian McGauran (VIC, LP)

30.09.10–30.06.11

Senator the Hon Nicholas Minchin (SA, LP)

30.09.10–30.06.11

Senator Kerry O'Brien (TAS, ALP)

30.09.10–30.06.11

Senator the Hon Nick Sherry (TAS, ALP)
(Acting Chair 28–31 May 2012 during 2012–13 Budget Estimates)

07.02.12–01.06.12

Senator the Hon Judith Troeth (VIC, LP)

30.09.10–30.06.11

Senator Russell Trood (QLD, LP)

30.09.10–30.06.11

Senator Dana Wortley (SA, ALP)

30.09.10–30.06.11

Reports presented out of session that discharged a reference

 

Date Referred

Public Hearings

Reports Tabled

Consumer Credit and Corporations Legislation Amendment (Enhancements) Bill 2011 [Provisions]

22.09.2011 (SB)

Nil

Presented OOS 07.12.2011; tabled 07.02.2012

Inquiries
As at 01.01.2012

 

Date Referred

Public Hearings

Reports Tabled

Current Inquiry
As at 30.06.2012

Annual reports

(Refer Standing Order 25(20))

Nil

No. 1 of 2012
tabled 15.03.2012

No

Corporations Amendment (Future of Financial Advice) Bill 2011 [Provisions]; and
Corporations Amendment (Further Future of Financial Advice Measures) Bill 2011 [Provisions]

03.11.2011 (SB)

25.11.2011 (SB)

23.02.2012—Canberra
24.02.2012—Canberra

14.03.2012

No

Minerals Resource Rent Tax Bill 2011 [Provisions]; Petroleum Resource Rent Tax Assessment Amendment Bill 2011 [Provisions]; Tax Laws Amendment (Stronger, Fairer, Simpler and Other Measures) Bill 2011 [Provisions]; Superannuation Guarantee (Administration) Amendment Bill 2011 [Provisions]; Minerals Resource Rent Tax (Consequential Amendments and Transitional Provisions) Bill 2011 [Provisions]; Minerals Resource Rent Tax (Imposition-General) Bill 2011 [Provisions]; Minerals Resource Rent Tax (Imposition-Customs) Bill 2011 [Provisions]; Minerals Resource Rent Tax (Imposition-Excise) Bill 2011 [Provisions]; Petroleum Resource Rent Tax (Imposition-General) Bill 2011 [Provisions]; Petroleum Resource Rent Tax (Imposition-Customs) Bill 2011 [Provisions]; Petroleum Resource Rent Tax (Imposition-Excise) Bill 2011 [Provisions]

10.11.2011 (SB)

21.02.2012—Canberra
22.02.2012—Canberra

14.03.2012

No

New References
01.01.2012–30.06.2012

 

Date Referred

Public Hearings

Reports Tabled

Current Inquiry
As at 30.06.2012

Additional estimates 2011–12

09.02.2012 (Refer Journal entry 42)

15–17 February 2012—Canberra

20.03.2012

No

Coastal Trading (Revitalising Australian Shipping) Bill 2012 [Provisions], the Coastal Trading (Revitalising Australian Shipping) (Consequential Amendments and Transitional Provisions) Bill 2012 [Provisions], the Shipping Registration Amendment (Australian International Shipping Register) Bill 2012 [Provisions], the Shipping Reform (Tax Incentives) Bill 2012 [Provisions], and the Tax Laws Amendment (Shipping Reform) Bill 2012 [Provisions]

22.03.12 (SB)

15.05.2012—Canberra

Presented OOS 15.06.12; tabled 18.06.12

No

National Vocational Education and Training Regulator (Charges) Bill 2012 [Provisions]

22.03.2012 (SB)

Nil

10.05.2012

No

Corporations Amendment (Phoenixing and Other Measures) Bill 2012

22.03.2012 (SB)

Nil

09.05.2012

No

Budget estimates 2012–13

09.05.2012 (Refer Journal entry 4)

28–31 May 2012—Canberra

26.06.2012

No

Clean Energy Legislation Amendment Bill 2012 [Provisions], Clean Energy (Customs Tariff Amendment) Bill 2012 [Provisions], Clean Energy (Excise Tariff Legislation Amendment) Bill 2012 [Provisions]

23.05.2012 (pursuant to the order of the Senate of 9 May 2012)

Nil

18.06.2012

No

Tax Laws Amendment (2012 Measures No.3) Bill 2012 [Provisions], Income Tax (Seasonal Labour Mobility Program Withholding Tax) Bill 2012 [Provisions], Tax Laws Amendment (Income Tax Rates) Bill 2012 [Provisions]

24.05.2012 (pursuant to the order of the Senate of 9 May 2012)

Nil

18.06.2012

No

Clean Energy Finance Corporation Bill 2012

19.06.2012 (SB)

Nil

25.06.2012

No

Tax Laws Amendment (Cross-Border Transfer Pricing) Bill (No.1) 2012 [Provisions]

19.06.2012 (SB)

Nil

Nil

Yes

Government Responses

Nil

SB (Selection of Bills Committee)
OOS (Out of session)

Economics (References)

1 January 2012 to 30 June 2012

Method of appointment

Pursuant to amended Senate Standing Order 25.

Current members

Date of appointment

Senator David Bushby (TAS, LP)
(elected Chair 07.07.11)
(Chair 30.09.10–09.02.11)

30.09.10

Senator Mark Bishop (WA, ALP)
(elected Deputy Chair 07.07.11)

01.07.11

Senator Alan Eggleston (WA, LP)
(Chair 10.02.11–07.07.11)

09.02.11

Senator Doug Cameron (NSW, ALP)

01.07.11

Senator John Williams (NSW, NATS)

01.07.11

Senator Nick Xenophon (SA, IND)

30.09.10
   

Participating members

Date of appointment

Senator the Hon Eric Abetz (TAS, LP)

30.09.10

Senator Chris Back (WA, LP)

30.09.10

Senator Cory Bernardi (SA, LP)

30.09.10

Senator Catryna Bilyk (TAS, ALP)

30.09.10

Senator Simon Birmingham (SA, LP)

30.09.10

Senator the Hon Ronald Boswell (QLD, NATS)

30.09.10

Senator Sue Boyce (QLD, LP)

30.09.10

Senator the Hon George Brandis (QLD, LP)

30.09.10

Senator Carol Brown (TAS, ALP)

30.09.10

Senator Michaelia Cash (WA, LP)

30.09.10

Senator the Hon Richard Colbeck (TAS, LP)

30.09.10

Senator Mathias Cormann (WA, LP)

30.09.10

Senator Trish Crossin (NT, ALP)

30.09.10

Senator Richard Di Natale (VIC, AG)

05.07.11

Senator Sean Edwards (SA, LP)

01.07.11

Senator the Hon John Faulkner (NSW, ALP)

30.09.10

Senator David Fawcett (SA, LP)

01.07.11

Senator Concetta Fierravanti-Wells (NSW, LP)

30.09.10

Senator Mitch Fifield (VIC, LP)

30.09.10

Senator Mary Jo Fisher (SA, LP)

30.09.10

Senator Mark Furner (QLD, ALP)

30.09.10

Senator Alex Gallacher (SA, ALP)

01.07.11

Senator Sarah Hanson-Young (SA, AG)

30.09.10

Senator the Hon Bill Heffernan (NSW, LP)

30.09.10

Senator Gary Humphries (ACT, LP)

30.09.10

Senator the Hon David Johnston (WA, LP)

30.09.10

Senator Barnaby Joyce (QLD, NATS)

30.09.10

Senator Helen Kroger (VIC, LP)

30.09.10

Senator Scott Ludlam (WA, AG)

30.09.10

Senator the Hon Ian Macdonald (QLD, LP)

30.09.10

Senator John Madigan (VIC, DLP)

07.07.11

Senator Gavin Marshall (VIC, ALP)

30.09.10

Senator the Hon Brett Mason (QLD, LP)

30.09.10

Senator Anne McEwen (SA, ALP)

30.09.10

Senator Bridget McKenzie (VIC, NATS)

01.07.11

Senator Christine Milne (TAS, AG)

30.09.10

Senator Claire Moore (QLD, ALP)

30.09.10

Senator Fiona Nash (NSW, NATS)

30.09.10

Senator Stephen Parry (TAS, LP)

30.09.10

Senator Marise Payne (NSW, LP)

30.09.10

Senator Helen Polley (TAS, ALP)

30.09.10

Senator Louise Pratt (WA, ALP)

01.07.11

Senator Lee Rhiannon (NSW, AG)

05.07.11

Senator the Hon Michael Ronaldson (VIC, LP)

30.09.10

Senator Scott Ryan (VIC, LP)

30.09.10

Senator the Hon Nigel Scullion (NT, CLP)

30.09.10

Senator Rachel Siewert (WA, AG)

30.09.10

Senator the Hon Lisa Singh (TAS, ALP)

01.07.11

Senator Dean Smith (WA, LP)

09.05.12

Senator the Hon Ursula Stephens (NSW, ALP)

30.09.10

Senator Glen Sterle (WA, ALP)

30.09.10

Senator Matt Thistlethwaite (NSW, ALP)

01.07.11

Senator Lin Thorp (TAS, ALP)

21.06.12

Senator Anne Urquhart (TAS, ALP)

01.07.11

Senator Larissa Waters (QLD, AG)

05.07.11

Senator Peter Whish-Wilson (TAS, AG)

25.06.12

Senator Penny Wright (SA, AG)

05.07.11
   

Former members

Term of appointment

Senator Annette Hurley (SA, ALP)
(elected Deputy Chair on 30.09.10)

30.09.10–30.06.11

Senator Julian McGauran (VIC, LP)

30.09.10–30.06.11

Senator Louise Pratt (WA, ALP)

30.09.10–01.07.11

Senator John Williams (NSW, NATS)

30.09.10–09.02.11
   

Former participating members

Term of appointment

Senator Judith Adams (WA, LP)

30.09.10–31.03.12

Senator Guy Barnett (TAS, LP)

30.09.10–30.06.11

Senator Mark Bishop (WA, ALP)

30.09.10–01.07.11

Senator Bob Brown (TAS, AG)

30.09.10-15.06.12

Senator Doug Cameron (NSW, ALP)

30.09.10–01.07.11

Senator the Hon Helen Coonan (NSW, LP)

30.09.10–22.08.11

Senator Alan Eggleston (WA, LP)

30.09.10–09.02.11

Senator Alan Eggleston (WA, LP)

06.10.11–06.10.11

Senator the Hon Alan Ferguson (SA, LP)

30.09.10–30.06.11

Senator Steve Fielding (VIC, FFP)

30.09.10–30.06.11

Senator Michael Forshaw (NSW, ALP)

30.09.10–30.06.11

Senator Steve Hutchins (NSW, ALP)

30.09.10–30.06.11

Senator the Hon Nicholas Minchin (SA, LP)

30.09.10–30.06.11

Senator Kerry O'Brien (TAS, ALP)

30.09.10–30.06.11

Senator the Hon Nick Sherry (TAS, ALP)

07.02.12–01.06.12

Senator the Hon Judith Troeth (VIC, LP)

30.09.10–30.06.11

Senator Russell Trood (QLD, LP)

30.09.10–30.06.11

Senator John Williams (NSW, NATS)

06.10.11–06.10.11

Senator Dana Wortley (SA, ALP)

30.09.10–30.06.11
   

Former substitute members

Term of appointment

Senator the Hon Richard Colbeck (TAS, LP)[10]

06.10.11–06.10.11

Senator Kerry O'Brien (TAS, ALP)[11]

03.03.11–30.06.11

Senator Scott Ryan (VIC, LP)[12]

06.10.11–06.10.11
   

Former subcommittee members[13]

Term of appointment

Senator David Bushby (TAS, LP)
(elected Chair on 10.02.11)

10.02.11–06.05.11

Senator Alan Eggleston (WA, LP)

10.02.11–06.05.11

Senator Annette Hurley (SA, ALP)
(elected Deputy Chair on 10.02.11)

10.02.11–06.05.11

Senator Julian McGauran (VIC, LP)

10.02.11–06.05.11

Senator Louise Pratt (WA, ALP)

10.02.11–06.05.11

Senator Nick Xenophon (SA, IND)

10.02.11–06.05.11

Reports presented out of session that discharged a reference

Nil

Inquiries
As at 01.01.2012

Nil

New References
01.01.2012–30.06.2012

 

Date Referred

Public Hearings

Reports Tabled

Current Inquiry
As at 30.06.2012

An examination of recent developments in the banking sector arising out of the impact of the global financial crisis and subsequent events

14.03.2012

Nil

Nil

Yes

Review of changes to car fringe benefits arrangements

29.06.2012 (see resolution of the Senate 23.06.2011, Journal entry 57)

Nil

Nil

Yes

Government Responses

  • Milking it for all it's worth: Competition and pricing in the Australian dairy industry (presented OOS 03.02.2012; tabled 07.02.2012; report tabled 13.05.2010)
  • Impacts of supermarket price decisions on the dairy industry (presented OOS 03.02.2012; tabled 07.02.2012; report tabled 03.11.2011)

SB (Selection of Bills Committee)
OOS (Out of session)

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