Scott Ryan (President) Share this | Hansard source

I inform the Senate that at 8.30 am today two proposals were received in accordance with standing order 75. The question of which proposal would be submitted to the Senate was determined by lot. As a result, I inform the Senate that the following letter has been received from Senator Collins:

Pursuant to standing order 75, I propose that the following matter of public importance be submitted to the Senate for discussion:

Putting health and education ahead of a $7,000 a year tax cut for investment bankers and a $17 billion tax cut for the banks they work for.

Is the proposal supported?

More than the number of senators required by the standing orders having risen in their places—

I understand that informal arrangements have been made to allocate specific time to each of the speakers in today's debate. With the concurrence of the Senate I shall ask the clerks to set the clock accordingly.