Second Reading Speeches

Financial Management and Accountability Amendment (Value for Money in Government Spending) Bill 2010

Type
Private
Sponsor(s)
BARNETT, Sen Guy
Originating house
Senate
Status
Not Proceeding
Parliament no
42

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Summary

Amends the

Financial Management and Accountability Act 1997
to place an obligation on heads of Commonwealth agencies to seek value for money when spending Commonwealth funds and to promote the same principles within their agencies.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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