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Notice given 29 November 2002

973  Senator Sherry: To ask the Minister for Revenue and Assistant Treasurer—

(1) How many matters relating to insolvencies or external administrations in which applications were made for payment of entitlements under the Federal Government’s Employee Entitlements Support Scheme or General Employee Entitlements and Redundancy Scheme have been referred by the Department of Employment and Workplace Relations to each of: (a) the Australian Securities and Investments Commission (ASIC); and (b) the Australian Competition and Consumer Commission (ACCC).

(2) In each matter, what concerns were identified.

(3) What was the outcome of the ASIC’s and the ACCC’s consideration of each of these matters.

976  Senator Evans: To ask the Minister for Defence—

(1) Are retention bonuses currently payable to serving members of the Navy, Army and Air Force.

(2) In respect of each bonus: (a) what are the eligibility criteria; (b) what duration of additional service is required for payment; (c) what is the amount of the bonus; (d) what penalties apply if the additional service is not performed; (e) how many personnel received the bonus in the last year for which data is available; and (f) what is the estimated cost of providing the bonuses in the 2002-03 financial year.

(3) Since November 2000, has the Government withdrawn any existing retention bonus; if so, what was the reason for withdrawal and the date that it took effect.

(4) Since November 2000, has the Government created any additional bonuses; if so, what was the reason for doing so and the date that they took effect.

(5) Has the department conducted an evaluation of the effectiveness of retention bonuses; if so, (a) when was the evaluation completed; and (b) what were the conclusions and recommendations; if not, why not.