14   INQUIRY INTO BANK NOTE BRIBERY ALLEGATIONS

The order of the day having been read for the resumption of the debate on the motion of Mr Bandt—That this House directs the Prime Minister to immediately establish a full and independent inquiry with:

(1)    powers equivalent to a Royal Commission to investigate the bank note bribery scandal concerning the Reserve Bank of Australia, Securency and Note Printing Australia; and

(2)    terms of reference that require it to investigate and report on at least the following matters:

(a)    allegations of corruption in securing note printing contracts and payments to overseas agents into offshore tax havens;

(b)   what the Reserve Bank of Australia, Austrade and the Australian Government each knew about the alleged behaviour, and when they knew it;

(c)    what due diligence was applied and what investigations were conducted into the allegations;

(d)   whether there has been appropriate governance by public institutions and companies;

(e)    what action has been taken to prevent improper dealings occurring again and whether that action is sufficient;

(f)    recommendations regarding future actions that should be taken by government and agencies to prevent similar problems in the future; and

(g)   any related matters—

Debate resumed.

Question—That the motion be agreed to—put.

The House divided and only Mr Bandt, Mr Oakeshott, Mr Windsor and Mr Wilkie voting “Aye”, the Deputy Speaker (Ms A. E. Burke) declared the question resolved in the negative.