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Wednesday, 6 December 2017
Page: 9822


Senator ANNING (Queensland) (11:21): Once again, this is not my first speech. I withdraw the amendment standing in my name on sheet 8341.

The TEMPORARY CHAIR ( Senator Leyonhjelm ): Do you wish to speak to the amendment before the chamber?

Senator ANNING: Yes. As previously indicated, the purpose of this amendment is to require an assessment of the effectiveness of the AFCA scheme for rural debtors to be provided to both houses of the parliament two years after commencement. The amendment will require the minister to conduct an independent review after 18 months of operation, including whether the limit on the value of claims that may be made under the scheme is appropriate, whether the remedies available to be provided by the AFCA are sufficient and whether complainants indicated that the outcomes are fair and timely. The report of this review is required to be tabled, in both houses, six months after its commencement. While the intentions behind this bill are good, if this measure is to be effective we obviously need some kind of measure of success. This modest amendment seeks to do just that. I strongly urge other senators to support this important and very necessary amendment and help all struggling borrowers, from both the country and the big smoke, to get a fair go.

The TEMPORARY CHAIR: The question is that amendment (1) on sheet HU185 be agreed to.

Question agreed to.