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senate vote 2014-07-17#29
Edited by
mackay staff
on
2014-12-04 10:15:53
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Title
Description
- The majority agreed to pass the [bill](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5187) (in parliamentary jargon, they wanted to give it a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)).
- ### What next for the bill?
- Because several amendments were made in the Senate, the bill will now be sent back to the House of Representatives so that the Members of Parliament (MPs) there can decide whether they agree to the changes. If the MPs do agree, the bill will become law. You can keep track with the progress of the bill through both houses of Parliament on the [bill's homepage](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5187).
- ### What does the bill do?
- The main idea of the bill is to remove the foreign ownership and other restrictions that apply to [Qantas](http://en.wikipedia.org/wiki/Qantas) but do not apply to other airlines based in Australia (read more on [ABC News](http://www.abc.net.au/news/2014-03-04/qantas-foreign-ownership-changes-explained/5296914) and on ABC's [AM](http://www.abc.net.au/am/content/2014/s3956107.htm)).
- ### Background to the bill
- The Government introduced this bill after refusing to give Qantas a debt guarantee (see [ABC News](http://www.abc.net.au/news/2014-03-03/abbott-announces-intended-changes-to-qantas-sale-act/5295700)), which Qantas had wanted because it looked like credit agencies may downgrade to Qantas’ credit rating (see the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1314a/14bd055)).
- The [current restrictions](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1314a/14bd055) on Qantas include:
- * limits on the issue of Qantas shares and their ownership
- * the makeup of the board of directors
- * use of the name Qantas and the location of the head office
- * the place of incorporation and the principle place of business.
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senate vote 2014-07-17#29
Edited by
mackay staff
on
2014-12-04 10:14:43
|
Title
Bills — Qantas Sale Amendment Bill 2014; Third Reading- Qantas Sale Amendment Bill 2014 - Third Reading - Pass the bill
Description
<p class="speaker">David Johnston</p><p>I move:</p><p class="italic">That this bill be now read a third time.</p>- The majority agreed to pass the [bill](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5187) (in parliamentary jargon, they wanted to give it a [third reading](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html)).
- ### What next for the bill?
- Because several amendments were made in the Senate, the bill will now be sent back to the House of Representatives so that the Members of Parliament (MPs) there can decide whether they agree to the changes. If the MPs do agree, the bill will become law. You can keep track with the progress of the bill through both houses of Parliament on the [bill's homepage](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r5187).
- ### What does the bill do?
- The main idea of the bill is to remove the foreign ownership and other restrictions that apply to [Qantas](http://en.wikipedia.org/wiki/Qantas) but do not apply to other airlines based in Australia (read more on [ABC News](http://www.abc.net.au/news/2014-03-04/qantas-foreign-ownership-changes-explained/5296914) and on ABC's [AM](http://www.abc.net.au/am/content/2014/s3956107.htm)).
- ### Background to the bill
- The Government introduced this bill after refusing to give Qantas a debt guarantee (see [ABC News](http://www.abc.net.au/news/2014-03-03/abbott-announces-intended-changes-to-qantas-sale-act/5295700)), which Qantas had wanted because it looked like credit agencies may downgrade to Qantas’ credit rating (see the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1314a/14bd055)).
- The [current restrictions](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1314a/14bd055) on Qantas include:
- * limits on the issue of Qantas shares and their ownership
- * the makeup of the board of directors
- * use of the name Qantas and the location of the head office
- * the place of incorporation and the principle place of business.
<p class="speaker">Stephen Parry</p><p>The question is that the bill be now read a third time.</p>
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