Arthur Sinodinos (NSW, Liberal Party) Share this | Hansard source

asked the Minister representing the Treasurer, upon notice, on 19 April 2012:

Given that, according to data from the Australian Office of Financial Management (AOFM), the total value of currently issued Commonwealth Government Securities (CGS) as of March 2012 was $237.4 billion, and noting that the Guarantee of State and Territory Borrowing Appropriation Act 2009 does not provide the AOFM with the power to compel security holders, custodians and nominees to provide the AOFM with information on the beneficial ownership of securities, can the following information be provided detailed in both gross and percentage terms:

(1) On what proportion of the $237.4 billion issued CGS does information exist regarding beneficial ownership.

(2) Of the $237.4 billion issued CGS, where information has been provided to the AOFM regarding beneficial ownership as of 31 March 2012:

(a) how much issued CGS is held by governments, central bank authorities, companies, trusts and other private organisations and individuals;

(b) which countries are those enjoying beneficial ownership officially registered in, detailing the amount of issued CGS per country;

(c) do any governments (either national or provincial) have beneficial ownership of issued CGS; if so: (i) which governments and how much issued CGS do they have beneficial ownership over, and (ii) what is the average length of time of ownership of issued CGS;

(d) for those private organisations that enjoy beneficial ownership of issued CGS, which industries do these organisations belong to, including a breakdown by: (i) industry, (ii) country, and (iii) both industry and country, indicating in each case the amount of issued CGS;

(e) for those individuals who enjoy beneficial ownership of issued CGS, which countries do these individuals reside in, indicating the amount of issued CGS per country;

(f) does the Reserve Bank of Australia or any foreign central bank own any issued CGS; if so: (i) how much, indicated per central bank institution; and (ii) what is the average length of time of ownership of issued CGS; and

(g) does the Future Fund own any issued CGS; if so, how much.