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22    Economics References Committee—Reference —Financial and tax practices of for-profit aged care providers

Senator Urquhart, at the request of Senator McAllister and pursuant to notice of motion not objected to as a formal motion, moved business of the Senate notice of motion no. 1—That the following matter be referred to the Economics References Committee for inquiry and report by 14 August 2018:

The financial and tax practices of for-profit aged care providers, with particular reference to:

               (a)       the use of any tax avoidance or aggressive tax minimisation strategies;

               (b)       the associated impacts on the quality of service delivery, the sustainability of the sector, or value for money for government;

                (c)       the adequacy of accountability and probity mechanisms for the expenditure of taxpayer money;

               (d)       whether current practices meet public expectations; and

                (e)       any other related matters.

Statement by leave : The Assistant Minister to the Prime Minister (Senator McGrath), by leave, made a statement relating to the motion.

Question put and passed.