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Navigate Senate Committees

Scope

The Economics References Committee inquires into and reports upon matters referred to it by the Senate. Portfolios allocated to the committee since 2009 include industry, innovation, science, research, resources, energy, tourism and Treasury.

Committee webpage

Chairs

Alan Eggleston

waLIB

David Christopher Bushby

tasLIB

Alan Eggleston

waLIB

David Christopher Bushby

tasLIB

Thomas Mark Bishop

waALP

Sam Dastyari

nswALP

Christopher Ronald Ketter

qldALP

Christopher Ronald Ketter

qldALP

Alexander McEachian Gallacher

saALP

Sequence

Find out more

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Committee timeline – Performance of the Australian Securities and Investments Commission

Reports

Date tabledTitleRead report
Employee Share SchemesParliamentary paper number 159/2009
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Foreign investment by state-owned entitiesParliamentary paper number 188/2009
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Report on Bank MergersParliamentary paper number 189/2009
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Government measures to address confidence concerns in the financial sector - The Financial Claims Scheme and the Guarantee Scheme for Large Deposits and Wholesale FundingParliamentary paper number 190/2009
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Interim report: Government's economic stimulus initiatives (presented out of session on 30 September 2009)
Interim report: GROCERYchoice Website (presented out of session on 19 October 2009)
Government's economic stimulus initiativesParliamentary paper number 252/2009
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GROCERYchoice Website - FinalParliamentary paper number 316/2009
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Milking it for all it’s worth — competition and pricing in the Australian dairy industryParliamentary paper number 83/2010
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Final report: Liquidators and Administrators - The regulation, registration and remuneration of insolvency practitioners in Australia: the case for a new framework (presented out of session on 14 September 2010)Parliamentary paper number 179/2010

Audio [duration 4:57]—'Senate inquiry wants ASIC powers stripped', ABC Radio PM program, 14 September 2010.

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Access of Small Business to Finance (presented out of session on 30 June 2010)Parliamentary paper number 173/2010
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Interim report: Liquidators and Administrators - Role of liquidators and administrators in Australia (presented out of session on 16 August 2010)
Interim report: Decision of the Australian Competition and Consumer Commission on the proposed acquisition of Franklins by Metcash Trading Limited (presented out of session on 6 December 2010)
Final report: Decision of the Australian Competition and Consumer Commission on the proposed acquisition of Franklins by Metcash Trading LimitedParliamentary paper number 36/2011
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Interim report: State government insurance and the flood levy [Inquiry into the provisions of the Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011 and a related bill] (presented out of session on 20 April 2011)
Second interim report: The impacts of supermarket price decisions on the dairy industry (presented out of session on 9 May 2011)Parliamentary paper number 83/2011
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Interim report: Augmented tax assessments (presented out of session on 31 March 2011)
Augmented tax assessments (presented out of session on 8 April 2011)Parliamentary paper number 78/2011
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Interim report: The impacts of supermarket price decisions on the dairy industry (presented out of session on 20 April 2011)
Interim report: Competition within the Australian banking sector (presented out of session on 20 April 2011)
Competition within the Australian banking sector (presented out of session on 6 May 2011)Parliamentary paper number 84/2011

Audio [duration 4:01]—'Senate committee banking inquiry against exit fee ban', ABC Radio PM program, 6 May 2011.

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Second interim report: State government insurance and the flood levy [Inquiry into the provisions of the Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011 and a related bill (presented out of session on 30 June 2011)
Third interim report: State government insurance and the flood levy [Inquiry into the provisions of the Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011 and a related bill (presented out of session on 29 July 2011)
The asset insurance arrangements of Australian state governments: State government insurance and the flood levy [Inquiry into the provisions of the Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011 and a related billParliamentary paper number 223/2011
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Final report: The impacts of supermarket price decisions on the dairy industryParliamentary paper number 277/2011
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Investing for good: the development of a capital market for the not-for-profit sector in AustraliaParliamentary paper number 443/2011
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The post-GFC banking sectorParliamentary paper number 448/2012
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Order for the production of documents - Minerals Resource Rent Tax: Revenue (presented out of session on 19 February 2013)
Review of changes to car fringe benefits arrangementsParliamentary paper number 42/2013
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Development and operation of the Minerals Resource Rent Tax (presented out of session on 6 May 2013)Parliamentary paper number 110/2013
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References of the 43rd Parliament (re-adoption of the inquiry into: Performance of the Australian Securities and Investments Commission)
Ticket scalping in AustraliaParliamentary paper number 51/2014
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Interim report: Performance of the Australian Securities and Investments Commission (presented out of session on 28 May 2014)

Audio [duration 12:34]—'ASIC Senate inquiry', ABC Radio Saturday Extra program, 27 July 2013.

Performance of the Australian Securities and Investments CommissionParliamentary paper number 135/2014
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Part I: Future of Australia's naval shipbuilding industry: Tender process for the navy's new supply shipsParliamentary paper number 166/2014
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Part II: Future of Australia's naval shipbuilding industry: Future submarinesParliamentary paper number 421/2014
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Need for a national approach to retail leasing arrangementsParliamentary paper number 65/2015
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Privatisation of state and territory assets and new infrastructureParliamentary paper number 68/2015
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Out of reach? The Australian housing affordability challenge (presented out of session on 8 May 2015)Parliamentary paper number 103/2015
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Interim report: Affordable housing (presented out of session on 13 April 2015)
Part III: Future of Australia's naval shipbuilding industry; Long-erm planning (presented out of session on 1 July 2015)Parliamentary paper number 216/2015
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Digital currency-game changer or bit player (presented out of session on 4 August 2015)Parliamentary paper number 215/2015

Audio [duration 7:26]—'Mainstreaming bitcoin', ABC Radio RN Drive, 4 August 2015.

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Part I: Corporate tax avoidance: You cannot tax what you cannot see (Corrigendum presented out of session on 21 August 2015)Parliamentary paper number 223/2015

L-R: Australian Tax Office officials Commissioner of Taxation Chris Jordan and Deputy Commissioner Mark Konza appear before the Economics References Committee hearing on corporate tax avoidance in Sydney, 1 July 2015.

L-R: Malini Sundaram [Novartis Australia] and Joseph Fletcher [Eli Lilly Australia] answer questions at the Economics References Committee hearing on corporate tax avoidance, Sydney, 1 July 2015.

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Interim report: Future of Australia's automotive industryParliamentary paper number 227/2015
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Interim report: Australia's Innoviation SystemParliamentary paper number 519/2015
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Interim report: Future of Australia's naval shipbuilding industry (presented out of session on 28 August 2015)
Future of Australia's automotive industry: Driving jobs and investmentParliamentary paper number 472/2015

Senators Chris Ketter [Chair] and Kim Carr with staff of automotive component manufacturer Consolidated Industries, Reservoir, Vic, 10 March 2015.

Site visit to Consolidated Industries, Reservoir, Vic, 10 March 2015. In yellow, L-R: Senators Kim Carr, Ricky Muir, Chris Ketter [Chair] and Sean Edwards [Deputy Chair].

Site visit to GM Holden, Elizabeth, SA, 13 March 2015. L-R: Senators Ricky Muir, Kim Carr, Chris Ketter [Chair] and Sean Edwards [Deputy Chair].

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Third party certification of foodParliamentary paper number 473/2015
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Australia's Innovation SystemParliamentary paper number 479/2015
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'I just want to be paid': Insolvency in the Australian construction industryParliamentary paper number 480/2015

Audio [duration 3:55]—'Senate calls for small business protection against construction giants', ABC Radio The World Today program, 4 December 2015.

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Interest rates and informed choice in the Australian credit card market (presented out of session on 16 December 2015)Parliamentary paper number 505/2016

Audio [duration 7:37]—'Senate inquiry into children's bank accounts: Sam Dastyari', ABC Radio National Breakfast, 4 September 2017.

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Interim report: Implications of financial advice reforms (presented out of session on 1 February 2016)
Interim report: Forestry managed investment schemes (presented out of session on 16 December 2015)
Interim report: Foreign investment review frameworkParliamentary paper number 17/2016
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Scrutiny of Financial Advice: Part I – Land banking: a ticking time bombParliamentary paper number 68/2016

Audio [duration 3:14]—'Senate committee grills big bank bosses over financial planning scandals', ABC Radio PM program, 21 April 2015.

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Agribusiness managed investment schemes: Bitter harvest (presented out of session on 11 March 2016)Parliamentary paper number 98/2016

Economics References Committee hearing at Melbourne Town Hall, 12 November 2014. Many investors who had sustained substantial losses due to failed agribusiness managed investment schemes attended to hear evidence from other investors affected by the collapse of the schemes.

The committee visit to a plantation outside Launceston, Tas, 5 August 2015.

The committee examine a plantation near Launceston where tree growth rates did not meet the expectations outlined in the prospectus, 5 August 2015.

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Cooperative, mutual and member-owned firms (Corrigendum presented out of session on 22 March 2016)Parliamentary paper number 94/2016
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Interim report: Bauxite resources near Aurukun in Cape York (presented out of session on 24 March 2016)
Foreign investment review framework (presented out of session on 8 April 2016)Parliamentary paper number 150/2016
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Supplementary report: Foreign investment review framework (presented out of session on 28 April 2016)Parliamentary paper number 154/2016
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Part II: Corporate tax avoidance: Gaming the system (presented out of session on 22 April 2016)Parliamentary paper number 153/2016

Audio [duration 4:15]—'Panama Papers include names of Australian crime figures Senate committee hears, ABC Radio PM program, 21 April 2016.

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'A husband is not a retirement plan' - Achieving economic security for women in retirement (presented out of session on 29 April 2016)Parliamentary paper number 152/2016

Students from Melbourne Girls' College (Richmond, Vic) observing the public hearing held at their school on 18 February 2016. Facing camera L-R: Senator Jenny McAllister, Sean Turner [Acting Committee Secretary] and Senator Sean Edwards [Deputy Chair]. Witnesses L-R: Joanna Knight and Linda White from the Australian Services Union.

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Interim report: Personal choice and community impacts - bicycle helmet laws (term of reference d)Parliamentary paper number 172/2016
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Interim report: Non-conforming building products - Safety—‘not a matter of good luck’Parliamentary paper number 169/2016
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Interim report: Personal choice and community impactsParliamentary paper number 173/2016
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Interim report: Personal choice and community impacts - sale and use of marijuana and associated products (term of reference c)Parliamentary paper number 174/2016
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Interim report: Personal choice and community impacts - Western Sydney Wanderers supporters (term of reference f)Parliamentary paper number 175/2016
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Interim report: Personal choice and community impacts - the classification of publications, films and computer games (term of reference e) (presented out of session on 6 May 2016)Parliamentary paper number 212/2016
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Interim report: Personal choice and community impacts - sale and service of alcohol (term of reference b) (presented out of session on 6 May 2016)Parliamentary paper number 213/2016
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Interim report: Personal choice and community impacts - the sale and use of tobacco, tobacco products, nicotine products and e-cigarettes (term of reference a) (presented out of session on 6 May 2016)Parliamentary paper number 214/2016
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Interim report: Non-conforming building products (presented out of session on 18 October 2016)
2016 Census: issues of trustParliamentary paper number 452/2016
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Interim report: Future of Australia's steel industryParliamentary paper number 453/2016
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‘Lifting the fear and suppressing the greed’: Penalties for white-collar crime and corporate and financial misconduct in AustraliaParliamentary paper number 62/2017
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Interim report: Non-payment of the Superannuation Guarantee (presented out of session on 11 April 2017)
Carbon risk: a burning issue (presented out of session on 21 April 2017)Parliamentary paper number 101/2017
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Superbad – Wage theft and non-compliance of the Superannuation Guarantee (presented out of session on 2 May 2017)Parliamentary paper number 102/2017
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Final report: Scrutiny of financial advice (presented out of session on 30 June 2017)Parliamentary paper number 217/2017
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Australia’s general insurance industry: sapping consumers of the will to compareParliamentary paper number 233/2017
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Australia’s dairy industry: rebuilding trust and a fair market for farmersParliamentary paper number 218/2017
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Interim report: Non-conforming building products: aluminium composite claddingParliamentary paper number 271/2017
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Toll roads: issues of building, financing and chargingParliamentary paper number 313/2017
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Interim report: Non-conforming building products (presented out of session on 26 October 2017)
Interim report: Non-conforming building products: protecting Australians from the threat of asbestos (presented out of session on 22 November 2017)Parliamentary paper number 514/2017
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Australia’s steel industry: forging ahead (presented out of session on 1 December 2017)Parliamentary paper number 585/2017

Steelworks employees speaking with members of the Economics References Committee on 5 April 2016 during a site visit of the Whyalla steelworks. Includes Senators Robert Simms and Kim Carr. Video still courtesy of GFG Alliance.

A steelworks employee explaining the steelmaking process to committee members, 5 April 2016. Includes Senators Robert Simms and Sean Edwards [Acting Chair]. Video still courtesy of GFG Alliance.

Committee members Senators Kim Carr and Nick Xenophon observing the operations of the steelworks, 5 April 2016. Video still courtesy of GFG Alliance.

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Video [duration 2:52]—Economics References Committee visit to the Arrium steel works at Whyalla, SA, 5 April 2016. Courtesy of GFG Alliance.

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Foreign briberyParliamentary paper number 101/2018
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Progress report: Commitment to the Senate issued by the Business Council of Australia (presented out of session on 24 April 2018)
Progress report: Governance and operation of the Northern Australia Infrastructure Facility (presented out of session on 24 April 2018)
Part III: Corporate tax avoidance: Much heat, little light so far (presented out of session on 30 May 2018)Parliamentary paper number 178/2018
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Interim report: Commitment to the Senate issued by the Business Council of Australia (presented out of session on 31 May 2018)Parliamentary paper number 177/2018
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Final report: Future of Australia’s naval shipbuilding industryParliamentary paper number 229/2018
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Governance and operation of the Northern Australia Infrastructure Facility (NAIF) (presented out of session on 6 July 2018)Parliamentary paper number 237/2018
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Selection process for a national radioactive waste management facility in South AustraliaParliamentary paper number 249/2018

L-R: Senators Dean Smith, Chris Ketter and Rex Patrick at the Big Galah, Kimba, SA, 5 July 2018.

Representatives of No Radioactive Waste on Agricultural Land in Kimba or SA appear before the committee at a public hearing at Kimba, SA, 5 July 2018.

Facing camera L-R: Senators Alex Gallacher and Dean Smith, Mark Fitt [Committee Secretary] and Senators Chris Ketter [Chair] and Rex Patrick at a public hearing at Kimba, SA, 5 July 2018.

Representatives of the Hawker Community Development Board at a public hearing at Hawker, SA, 6 July 2018. L-R facing camera: John Hennessy, Ian Carpenter, Janice McInnes and Chelsea Haywood.

Economics References Committee, 6 July 2018. L-R facing camera: Senator Dean Smith, Mark Fitt [Committee Secretary] and Senators Chris Ketter [Chair], Rex Patrick and Alex Gallacher hearing evidence from representatives of the Flinders Local Action Group.

L-R: Representatives of the Adnyamathanha Traditional Lands Association Vivianne McKenzie, Lavene Ngatokorua, Vince Coulthard and Tony Clark at public hearings in Hawker, SA, 6July 2018.

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Final report: Commitment to the Senate issued by the Business Council of AustraliaParliamentary paper number 384/2018
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Regulatory framework for the protection of consumers in the banking, insurance and financial services sectorParliamentary paper number 539/2018
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Financial and tax practices of for-profit aged care providersParliamentary paper number 557/2018
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Non-conforming building products: the need for a coherent and robust regulatory regimeParliamentary paper number 585/2018

L-R: Senators Chris Ketter [Chair], Nick Xenophon and Vicki Hamilton of the Asbestos Council of Victoria examine products containing asbestos at a hearing in Melbourne, 14 July 2017.

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Credit and hardship: report of the Senate inquiry into credit and financial products targeted at Australians at risk of financial hardship (presented out of session on 22 February 2019) (Corrigendum tabled 2 July 2019)Parliamentary paper number 120/2019
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Interim report: Regional inquality in Australia (presented out of session on 28 June 2019)Parliamentary paper number 208/2019
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