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Tuesday, 17 June 2003
Page: 16679


Mr MURPHY (9:28 PM) —I want to draw to the attention of the House the replies which appear in yesterday's Hansard to a number of questions on bankruptcy and the employment of bankruptcy by some to avoid payment of their fair share of tax. I have raised this issue in the House over the past six moths. Specifically, I want to draw the attention of the House the reply to question No. 1714, a question that I put to the Attorney-General on 20 March. The number of people declared bankrupt more than once in the financial year ended 30 June 2002 was unbelievable. The number of people declared bankrupt a second time was 2,768; a third time, 318; a fourth time, 92; a fifth time, 31; a sixth time, 12; a seventh time, four; an eighth time, seven; a ninth time, four; a 10th time, three; and an 11th time, three. The maximum number of times an individual was declared bankrupt was 12. That is scandalous. What is the government doing to amend our bankruptcy laws to stop this serial rorting of our taxation system?


The SPEAKER —Order! It being 9.30 p.m., the debate is interrupted.