Bob Brown (Tasmania, Australian Greens) Share this | Hansard source

I move:

That the Senate—

  (a)   notes that:

     (i)   a number of submissions to and participants at the recent tax forum called for the global introduction of a financial transaction tax, and

     (ii)   the European Parliament has voted to support introducing a financial transaction tax and that the European Commission has proposed it be levied at a very low rate of 0.1 per cent on transactions in shares and bonds and 0.01 per cent on derivatives trading; and

  (b)   urges the Government to support further discussion of a global financial transaction tax at the next G20 meeting.

Question put.

The Senate divided. [15:53]

(The Deputy President—Senator Parry)

Question negatived.