Division Description Changes — Bills — National Reconstruction Fund Corporation Bill 2023; Second Reading — 28th Mar 2023

Change	Division
senate vote 2023-03-28#10 Edited by mackay staff on 2023-03-31 09:02:33	Title Bills — National Reconstruction Fund Corporation Bill 2023; Second Reading National Reconstruction Fund Corporation Bill 2023 - Second Reading - Circular economy Description ~~<p class="speaker">Sue Lines</p>~~ <p>In accordance with the order agreed to earlier, I will now put the second reading questions on the National Reconstruction Fund Corporation Bill 2023. I'm dealing first with the Greens amendment on sheet 1896. So the question is that the second reading amendment on sheet 1896 revised, moved by Senator Whish-Wilson, be agreed to.</p> The majority voted in favour of an amendment to *the usual second reading motion, which is "That this bill be now read a second time." To [read a bill for a second time](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/) is to agree with its main idea. This amendment does not make any changes to the bill itself but still has political significance because it represents the will of the Senate. It was introduced by Tasmanian Senator [Peter Whish-Wilson](https://theyvoteforyou.org.au/people/senate/tasmania/peter_whish-wilson) (Greens). ### Amendment text* > At the end of the motion, add ", but the Senate: > *> (a) is of** the opinion that:* > >> (i) building a circular economy is a central element of delivering net-zero emissions, >> >> (ii) a circular economy can bolster Australia's capabilities and reduce supply chain vulnerabilities, and >> *>> (iii) the benefits of a circular** economy could add $210 billion in GDP by 2047-48, creating an additional 17,000 full-time equivalent jobs; and* > > (b) calls on the Government to: > >> (i) invest in projects that facilitate the establishment of a circular economy for renewable energy and other products, >> >> (ii) incorporate circular economy principles into the Investment Mandate for the National Reconstruction Fund; and >> >> (iii) seek that the National Reconstruction Fund Board give regard to outcomes and advice from the Circular Economy Taskforce". ~~<p></p>~~ ~~<p></p>~~

~~Sue Lines~~
In accordance with the order agreed to earlier, I will now put the second reading questions on the National Reconstruction Fund Corporation Bill 2023. I'm dealing first with the Greens amendment on sheet 1896. So the question is that the second reading amendment on sheet 1896 revised, moved by Senator Whish-Wilson, be agreed to.
The majority voted in favour of an amendment to the usual second reading motion, which is "*That this bill be now read a second time.*" To [read a bill for a second time](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/) is to agree with its main idea. This amendment does not make any changes to the bill itself but still has political significance because it represents the will of the Senate. It was introduced by Tasmanian Senator [Peter Whish-Wilson](https://theyvoteforyou.org.au/people/senate/tasmania/peter_whish-wilson) (Greens).
### Amendment text
> *At the end of the motion, add ", but the Senate:*
>
> *(a) is of the opinion that:*
>
>> *(i) building a circular economy is a central element of delivering net-zero emissions,*
>>
>> *(ii) a circular economy can bolster Australia's capabilities and reduce supply chain vulnerabilities, and*
>>
>> *(iii) the benefits of a circular economy could add $210 billion in GDP by 2047-48, creating an additional 17,000 full-time equivalent jobs; and*
>
> *(b) calls on the Government to:*
>
>> *(i) invest in projects that facilitate the establishment of a circular economy for renewable energy and other products,*
>>
>> *(ii) incorporate circular economy principles into the Investment Mandate for the National Reconstruction Fund; and*
>>
>> *(iii) seek that the National Reconstruction Fund Board give regard to outcomes and advice from the Circular Economy Taskforce".*
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