Division Description Changes — Bills — Commonwealth Inscribed Stock Amendment Bill 2013; Consideration of Senate Message — 9th Dec 2013

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representatives vote 2013-12-09#2

Edited by mackay staff

on 2014-10-09 15:32:06

Title

Description

  • The majority voted in favour of a [motion](http://www.openaustralia.org/debate/?id=2013-12-09.106.1) that the requested amendment be made.
  • The request for an amendment came from the Greens Party in the Senate. Since this motion was successful, the House will now vote on whether to accept the two Greens further amendments.(See that division [here](http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2013-12-09&number=3&house=representatives). )
  • _Background to Bill_
  • On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.(Read more about this in the media [here](http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html). ) This was following the August 2013 [Pre-Election Economic and Fiscal Outlook](http://www.treasury.gov.au/PublicationsAndMedia/Publications/2013/PEFO-2013) which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.
  • The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".(See the [explanatory memorandum](http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf) (106 KB). More about the bill, including its bills digest, is available [here](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5127).)
  • References
  • The majority voted in favour of a [motion](http://www.openaustralia.org/debate/?id=2013-12-09.106.1) that the requested amendment be made.
  • The request for an amendment came from the Greens Party in the Senate. Since this motion was successful, the House will now vote on whether to accept the two Greens further amendments.(See that division [here](http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2013-12-09&number=3&house=representatives). )
  • _Background to Bill_
  • On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.(Read more about this in the media [here](http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html). ) This was following the August 2013 [Pre-Election Economic and Fiscal Outlook](http://www.treasury.gov.au/PublicationsAndMedia/Publications/2013/PEFO-2013) which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.
  • The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".(See the [explanatory memorandum](http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf) (106 KB). More about the bill, including its bills digest, is available [here](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5127).)
representatives vote 2013-12-09#2

Edited by system

on 2014-10-07 16:21:28

Title

Description

  • The majority voted in favour of a [http://www.openaustralia.org/debate/?id=2013-12-09.106.1 motion] that the requested amendment be made.
  • The request for an amendment came from the Greens Party in the Senate. Since this motion was successful, the House will now vote on whether to accept the two Greens further amendments.(See that division [http://publicwhip-test.openaustraliafoundation.org.au/division.php?date=2013-12-09&number=3&house=representatives here]. )
  • ''Background to Bill''
  • On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.(Read more about this in the media [http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html here]. ) This was following the August 2013 [http://www.treasury.gov.au/PublicationsAndMedia/Publications/2013/PEFO-2013 Pre-Election Economic and Fiscal Outlook] which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.
  • The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".(See the [http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf explanatory memorandum] (106 KB). More about the bill, including its bills digest, is available [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5127 here].)
  • References
  • The majority voted in favour of a [motion](http://www.openaustralia.org/debate/?id=2013-12-09.106.1) that the requested amendment be made.
  • The request for an amendment came from the Greens Party in the Senate. Since this motion was successful, the House will now vote on whether to accept the two Greens further amendments.(See that division [here](http://publicwhip-rails.openaustraliafoundation.org.au/division.php?date=2013-12-09&number=3&house=representatives). )
  • _Background to Bill_
  • On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.(Read more about this in the media [here](http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html). ) This was following the August 2013 [Pre-Election Economic and Fiscal Outlook](http://www.treasury.gov.au/PublicationsAndMedia/Publications/2013/PEFO-2013) which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.
  • The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".(See the [explanatory memorandum](http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf) (106 KB). More about the bill, including its bills digest, is available [here](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5127).)
  • References
representatives vote 2013-12-09#2

Edited by system

on 2014-10-07 16:16:56

Title

Description

  • The majority voted in favour of a [http://www.openaustralia.org/debate/?id=2013-12-09.106.1 motion] that the requested amendment be made.
  • The request for an amendment came from the Greens Party in the Senate. Since this motion was successful, the House will now vote on whether to accept the two Greens further amendments.[1]
  • The request for an amendment came from the Greens Party in the Senate. Since this motion was successful, the House will now vote on whether to accept the two Greens further amendments.(See that division [http://publicwhip-test.openaustraliafoundation.org.au/division.php?date=2013-12-09&number=3&house=representatives here]. )
  • ''Background to Bill''
  • On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.[2] This was following the August 2013 [http://www.treasury.gov.au/PublicationsAndMedia/Publications/2013/PEFO-2013 Pre-Election Economic and Fiscal Outlook] which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.
  • On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.(Read more about this in the media [http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html here]. ) This was following the August 2013 [http://www.treasury.gov.au/PublicationsAndMedia/Publications/2013/PEFO-2013 Pre-Election Economic and Fiscal Outlook] which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.
  • The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".[3]
  • The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".(See the [http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf explanatory memorandum] (106 KB). More about the bill, including its bills digest, is available [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5127 here].)
  • References
  • * [1] See that division [http://publicwhip-test.openaustraliafoundation.org.au/division.php?date=2013-12-09&number=3&house=representatives here].
  • * [2] Read more about this in the media [http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html here].
  • * [3] See the [http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf explanatory memorandum] (106 KB). More about the bill, including its bills digest, is available [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5127 here].
representatives vote 2013-12-09#2

Edited by mackay staff

on 2014-03-05 14:15:48

Title

  • Bills - Commonwealth Inscribed Stock Amendment Bill 2013; Consideration of Senate Message
  • Commonwealth Inscribed Stock Amendment Bill 2013 - Consideration of Senate Message - Make requested amendments

Description

  • The majority voted in favour of a [http://www.openaustralia.org/debate/?id=2013-12-09.106.1 motion] that the requested amendment be made.
  • <h1>Background to Bill</h1>
  • The request for an amendment came from the Greens Party in the Senate. Since this motion was successful, the House will now vote on whether to accept the two Greens further amendments.[1]
  • <p>On 22 October 2013 the Abbott government announced that they will <a href="http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html">raise the debt ceiling</a> from $300 billion to $500 billion<href="#_edn1" name="_ednref1" title="">[i]</a>. This was following the August 2013 Pre-Election Economic and Fiscal Outlook which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.</p>
  • ''Background to Bill''
  • <p>In the <a href="http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf">explanatory memorandum</a><href="#_edn2" name="_ednref2" title="">[ii]</a> for this legislation it was noted that this increase was to 'provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget'.</p>
  • On 22 October 2013, the Abbott Government announced that it will raise the debt ceiling from $300 billion to $500 billion.[2] This was following the August 2013 [http://www.treasury.gov.au/PublicationsAndMedia/Publications/2013/PEFO-2013 Pre-Election Economic and Fiscal Outlook] which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.
  • <br />
  • <hr /><p><href="#_ednref1" name="_edn1" title="">[i]</a> <a href="http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html">http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html</a></p>
  • The purpose of the increase to the debt ceiling is to "provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget".[3]
  • <p><href="#_ednref2" name="_edn2" title="">[ii]</a> <a href="http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf">http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf</a> </p>
  • References
  • * [1] See that division [http://publicwhip-test.openaustraliafoundation.org.au/division.php?date=2013-12-09&number=3&house=representatives here].
  • * [2] Read more about this in the media [http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html here].
  • * [3] See the [http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf explanatory memorandum] (106 KB). More about the bill, including its bills digest, is available [http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5127 here].
representatives vote 2013-12-09#2

Edited by Natasha Burrows

on 2013-12-20 16:18:25

Title

Description

  • <h1>Background to Bill</h1>
  • <p>On 22 October 2013 the Abbott government announced that they will <a href="http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html">raise the debt ceiling</a> from $300 billion to $500 billion<href="#_edn1" name="_ednref1" title="">[i]</a>. This was following the August 2013 Pre-Election Economic and Fiscal Outlook which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.</p>
  • <p>In the <a href="http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf">explanatory memorandum</a><href="#_edn2" name="_ednref2" title="">[ii]</a> for this legislation it was noted that this increase was to 'provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget'.</p>
  • <br />
  • <hr /><p><href="#_ednref1" name="_edn1" title="">[i]</a> <a href="http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html">http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html</a></p>
  • <p><href="#_ednref2" name="_edn2" title="">[ii]</a> <a href="http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf">http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf</a> </p>
representatives vote 2013-12-09#2

Edited by Natasha Burrows

on 2013-12-20 16:17:38

Title

  • Bills — Commonwealth Inscribed Stock Amendment Bill 2013; Consideration of Senate Message
  • Bills - Commonwealth Inscribed Stock Amendment Bill 2013; Consideration of Senate Message

Description

  • <p class="speaker">Bronwyn Bishop</p>
  • <p>The question now is that the requested amendment be made.</p>
  • <h1>Background to Bill</h1>
  • <p>On 22 October 2013 the Abbott government announced that they will <a href="http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html">raise the debt ceiling</a> from $300 billion to $500 billion<href="#_edn1" name="_ednref1" title="">[i]</a>. This was following the August 2013 Pre-Election Economic and Fiscal Outlook which reported that the Treasurer's standing borrowing authority would reach the $300 billion limit by December 2013.</p>
  • <p>In the <a href="http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf">explanatory memorandum</a><href="#_edn2" name="_ednref2" title="">[ii]</a> for this legislation it was noted that this increase was to 'provide stability and certainty to financial markets about the Government's ability to issue sufficient debt to manage its budget'.</p>
  • <br />
  • <hr /><p><href="#_ednref1" name="_edn1" title="">[i]</a> <a href="http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html">http://www.smh.com.au/federal-politics/political-news/treasurer-joe-hockey-announces-debt-limit-to-increase-to-500-billion-20131022-2vyog.html</a></p>
  • <p><href="#_ednref2" name="_edn2" title="">[ii]</a> <a href="http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf">http://parlinfo.aph.gov.au/parlInfo/download/legislation/ems/r5127_ems_dfe1d5b2-bd7c-424c-afc8-efdd37c905b1/upload_pdf/388079.pdf;fileType=application%2Fpdf</a> </p>