Michael Ronaldson (Victoria, Liberal Party) Share this | Hansard source

I present an interim report of the Standing Committee on Economics concerning the inquiries into the Australian Securities and Investments Commission (Fair Bank and Credit Card Fees) Amendment Bill 2007 and the National Market Driven Energy Efficiency Target Bill 2007. I seek leave to move a motion in relation to the report.

Leave granted.

I move:

That the Senate adopt the recommendation of the interim report that the time for the presentation of final reports be extended to the last day of the 41st Parliament.

I want to mention one quick matter on behalf of the committee. I see Senator Murray in the chamber tonight. Our colleague Senator Fielding was reported over the weekend and today as having concern about the lack of public hearings in relation to his bill, which is the subject of the first matter of this motion. I want to clarify the matter for the benefit of the Senate. I have the leave of my committee to disclose and publish the minutes of our meeting on 12 September, if required, and I am requiring that tonight.

I want to indicate quite clearly to the chamber that it was always the intention of the economics committee that there would be public hearings in relation to this matter. Indeed, we facilitated that with various motions. The committee had a choice as to whether we would table this report today based on submissions or whether we would table an interim report and have the reporting date adjourned to a later date to assist Senator Fielding. It was the unanimous view of the remainder of the committee that the committee members would not be available. I will quote from the minutes:

All members of the committee advised that they would not be available for public hearings on this matter during this sitting period or before the election. Senator Bernardi suggested holding hearings after the election.

…            …            …

On the motion of Senator Bernardi, seconded Senator Stephens, the committee agreed that public hearings not be held on this bill until after the election period.

The matter was deferred. The terms of the motion before the Senate at the moment are to accommodate those public hearings, and I have every expectation, as chair of the committee, that those public hearings will take place.