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10 September 2012

1193  MR SIMPKINS: To ask the Minister representing the Minister for Foreign Affairs—In respect of Australian passports containing the names of Macedonian villages, towns and regions as the ‘place of birth’, that have since become hellenized and are no longer recognised by Greece, (a) what representations has the Australian Government made to the Greek Government to ensure that Australian passports containing such places of birth are honoured by Greece, and (b) what action has the Minister taken on behalf of Australian citizens of Macedonian descent who have been denied access to Greece because their place of birth is no longer recognised as it appears on their Australian passport, and will their passports showing that they have been denied access to Greece affect their ability to enter other European Union member countries; if so, how, and what action is the Minister taking to resolve this problem.

1194  MR SIMPKINS: To ask the Minister representing the Minister for Foreign Affairs—Is the Minister aware of allegations that some Australian citizens have been passing information to the Greek Government via Greek consulates and the embassy, about the lawful protest and activist activities of Australian citizens of Macedonian descent, to assist in creating a black list which is then used to decline their entry to Greece on the basis of them being a threat to public policy or internal security, under the provisions of an I Category Refusal of Entry at the Border form; if so, what measures is the Minister taking to resolve this problem.

1206  MR FLETCHER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many premises of the first release site for the National Broadband Network for the area of Scottsdale were connected (a) overhead, and (b) underground.

1207  MR FLETCHER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many premises of the first release site for the National Broadband Network for the area of Midway Point were connected (a) overhead, and (b) underground.

1208  MR FLETCHER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many premises of the first release site for the National Broadband Network for the area of Smithton were connected (a) overhead, and (b) underground.

1209  MR FLETCHER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many premises of the first release site for the National Broadband Network for the area of Brunswick were connected (a) overhead, and (b) underground.

1210  MR FLETCHER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many premises of the first release site for the National Broadband Network for the area of Townsville were connected (a) overhead, and (b) underground.

1211  MR FLETCHER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many premises of the first release site for the National Broadband Network for the area of Kiama were connected (a) overhead, and (b) underground.

1212  MR FLETCHER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many premises of the first release site for the National Broadband Network for the area of Armidale were connected (a) overhead, and (b) underground.

1213  MR FLETCHER: To ask the Minister representing the Minister for Broadband, Communications and the Digital Economy—How many premises of the first release site for the National Broadband Network for the area of Willunga were connected (a) overhead, and (b) underground.

1219  MR ROBB: To ask the Treasurer—In respect of media reports on alleged corruption by the Reserve Bank of Australia (RBA) subsidiary Securency, (a) on what date was (i) Treasury first advised of Securency’s alleged breaches of criminal law, and (ii) he first advised of this matter, (b) within what timeframe should matters of this gravity be reported to the Government, (c) is he aware that under corporations law, financial services licensees are required to report significant breaches to the Australian Securities and Investments Commission within ten working days, (d) has he referred, to the Public Service Commissioner or any other agency for inquiry and report, the RBA’s delay in reporting this matter to him; if so, on what date will the outcome be made public, and (e) can he disclose (i) the nature of discussions he and/or his officials has/have had with the RBA since this matter was first brought to his attention, and (ii) any assurances he has received from the RBA, that there will be more timely reporting to the Government and Parliament of similar incidents, should they arise.

1220  MR ROBB: To ask the Treasurer—

(1) In respect of the Australian Prudential Regulation Authority (APRA), what is current policy on directors of superannuation entities who hold multiple directorships of superannuation funds.

(2) By industry segment, h ow many superannuation fund directors exist who currently sit on multiple superannuation fund boards.

(3)  What rules exist to ensure that conflicts of interest are avoided and/or appropriately managed.

(4) Has the APRA counselled any superannuation funds against appointing directors who might already have directorships on other superannuation funds.

(5) How does the APRA (a) regulate superannuation funds that hold substantial downstream investments directly, as opposed to investing in listed entities, and (b) appoint directors and persons from related party entities to sit on boards and/or become senior managers that manage these downstream entities.

(6) Would the APRA consider subjecting boards of non-listed downstream investments to full disclosure of remuneration, related party transactions and conflicts of interest as per the provisions which are applicable to listed companies, and has it conducted any discussions with the Australian Securities and Investments Commission and/or Government on this matter; if so, can he reveal the outcome.

(7) What actions does the APRA take when it observes unresolved conflicts of interest.

(8) What test does the APRA use in making a decision on the efficacy of related party investments by superannuation funds.

(9) Since 24 November 2007, on how many occasions has the APRA made recommendations and/or issued directives that funds either sell downstream direct investments and/or appoint independent directors to sit on the board for these entities.

1221  MR FLETCHER: To ask the Minister for Financial Services and Superannuation—I n respect of his announcement in 2011 to award compensation under Part 23 of the Superannuation Industry (Supervision) Act 1993 to some investors who lost money in the collapse of Trio Capital Limited, (a) why did he award compensation of 100 cents in the dollar, and (b) between 24 November 2007 and his announcement, how many other decisions were made to award compensation under this provision, and what proportion of the loss was paid each time.