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Bills of previous Parliaments

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Future Fund Bill 2006


Previous citations:

Future Fund Bill 2005



Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Finance and Administration

Summary

Establishes a financial asset fund (the Future Fund) to meet the Government’s unfunded superannuation liabilities by 2020 using amounts credited to a Special Account (sourced from previous realised cash surpluses and proceeds of any future assets sales) and the transfer of financial assets. Also establishes a Board of Guardians to administer the Fund and the Future Fund Management Agency to provide executive and operational support to the Board.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 07/12/05  
Second reading moved 07/12/05  
Second reading agreed to 08/02/06  
Third reading agreed to 08/02/06  
     
Senate
Introduced and read a first time 09/02/06  
Second reading moved 09/02/06  
Second reading agreed to 28/02/06  
Committee of the Whole debate 28/02/06  
Third reading agreed to 28/02/06  
     
Assent 23/03/06 Act no.: 12 - Year: 2006
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

Senate
  • Australian Democrats [sheet 4838 revised]
MURRAY, Andrew

MS-Word PDF HTML

Schedules of amendments

Bills Digest



Notes
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)