The PRESIDENT —I inform the Senate that I have received the following letter, dated 20 March, from Senator Peter Rae:

Dear Mr. President, Pursuant to Standing Order 64, I give notice that today I propose to move- 'That in the opinion of the Senate, the following is a matter of urgency: 'The urgent need for fundamental reform of the Australian system of the raising and expenditure of revenue which involves the need for- (a) the total review of expenditure;

(b) the restoration of the incentive and opportunity for the creation of economic growth and national wealth;

(c) the reduction in the burden of personal taxation;

(d) the relief for families by the introduction of income splitting for tax purposes and also of tax rebates for child care;

(e) the review of the distribution of the tax revenue base between the various levels of government; and

(f) the emphasis upon neutral, efficient, and equitable taxes.'.

Yours sincerely, PETER RAE Senator for Tasmania

Is the proposal supported?

More than the number of senators required by the Standing Orders having risen in their places-