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Monday, 6 June 1994
Page: 1363

(Question No. 1346)


Senator Patterson asked the Minister representing the Minister for Finance, upon notice, on 3 May 1994:

  With reference to the Federal Labor Caucus motion of 21 August 1988 requiring women to be appointed to at least 25 per cent of places on Government boards, council and committees:

  For each of the boards, councils and committees to which the Minister has the power to appoint members, and for all of these combined:

  (1) How many positions were available for appointment on 21 August 1988 and how many are now available.

  (2) How many of these positions were held by women on 21 August 1988 and how many are now held by women.

  (3) What changes do the resulting proportions represent since the Labor Caucus motion.


Senator Cook —The Minister for Finance has provided the following answer to the honourable senator's question:

  (1) On 21 August 1988 there were three positions available for appointment on the Superannuation Fund Investment Trust (SFIT). SFIT was converted to Commonwealth Funds Management Limited (CFM) on 1 July 1991.

  The Minister for Finance is currently empowered to make appointments to the following three Boards:

  the Commonwealth Superannuation Board of Trustees No. 1 (established on 1 July 1990) consists of five members;

  the Commonwealth Superannuation Board of Trustees No. 2 (established on 1 July 1990) consists of seven members; and

  the Board of Directors of CFM (established on 1 July 1991) consists of eight directors.

  (2) On 21 August 1988 the SFIT consisted of three members, none of whom were women.

  The Commonwealth Superannuation Board of Trustees No 2 currently has one member who is a woman.

  The Board of Directors of CFM currently has one Director who is a woman.

  (3) Of the number of positions for which the Minister for Finance has power of appointment, those held by women now represent about 10 per cent, compared with nil percent on 21 August 1988.