Bill
Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2018
lapsed, as at 2019-04-11. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2018-12-05
- second reading — 2018-12-05
- second reading — 2018-12-05
- second reading — 2018-12-06
- second reading — 2018-12-06
- committee — 2018-12-06
- other — 2019-04-11
Divisions
- The majority voted in favour of a [motion](https://www.openaustralia.org.au/debate/?id=2018-12-05.136.1) to *put the question*. These types of motions are known as gagging motions because they end debate and force the House to vote on the question under discussion, which in this case was on [whether to suspend the usual procedural rules](https://theyvoteforyou.org.au/divisions/representatives/2018-12-05/6). — 2018-12-05, House of Representatives: affirmative, ayes 75, noes 71
- The majority voted in favour of a [motion](https://www.openaustralia.org.au/debate/?id=2018-12-05.134.1) introduced by Sturt MP [Christopher Pyne](https://theyvoteforyou.org.au/people/representatives/sturt/christopher_pyne) (Liberal), which means it passed. [Standing orders](https://www.peo.gov.au/understand-our-parliament/how-parliament-works/parliament-at-work/standing-orders/) are the procedural rules of parliament. ### Motion text > *That so much of the standing orders be suspended as would prevent the resumption of debate on the motion that the Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2018 be read a second time being made an order of the day for a later hour.* — 2018-12-05, House of Representatives: affirmative, ayes 76, noes 70
- Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2018 - Second Reading - Put the question — 2018-12-05, House of Representatives: affirmative, ayes 75, noes 71
- The majority voted in favour of a [motion](https://www.openaustralia.org.au/debate/?id=2018-12-05.134.1) introduced by Sturt MP [Christopher Pyne](https://theyvoteforyou.org.au/people/representatives/sturt/christopher_pyne) (Liberal), which means it passed and debate on this motion will resume at a later date. ### Motion text > *That the resumption of debate on the motion that the bill be read a second time be made an order of the day for a later hour.* — 2018-12-05, House of Representatives: affirmative, ayes 76, noes 70
- The majority voted against a [motion](https://www.openaustralia.org.au/debates/?id=2018-12-05.151.2): > *That the debate be adjourned.* This means the debate will continue. — 2018-12-05, House of Representatives: negative, ayes 69, noes 76
- Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2018 - Second Reading - Speed thing along — 2018-12-06, House of Representatives: affirmative, ayes 75, noes 71
- The majority voted against a motion to amend the usual [second reading motion](https://www.peo.gov.au/learning/fact-sheets/making-a-law.html), which is that the majority should agree with the main idea of the [bill](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r6256) (or, in parliamentary jargon, that the majority should agree to read the bill for a second time). Since this motion was unsuccessful, the original motion will remain unchanged and [can be voted on as is](https://theyvoteforyou.org.au/divisions/representatives/2018-12-06/3). ### Motion text > *That all words after “That” be omitted with a view to substituting the following words:* > *“the House declines to give the bill a second reading, and notes:* > *(1) this unprecedented intervention into markets which will result in higher prices for families and businesses;* > *(2) the Government has abandoned all pretence at being the party of free enterprise and open markets; and* > *(3) the Government has abandoned all proper process, scrutiny and consultation.”* ### What is the main idea of the bill? This bill is part of the Government's package of measures in relation to the electricity sector. For example, the bill sets out three kinds of prohibited conduct in relation to retail prices, the electricity financial contract market and the wholesale electricity market. The remedies included in the bill are graduated, from the Australian Competition and Consumer Commission (ACCC) issuing a public warning notice to the ACCC applying to a court for a pecuniary penalty. The bill also gives new compulsory information gathering powers on the Australian Energy Regulator (AER) and lets the AER share information with other agencies. The Labor Party was concerned with the [speed this legislation](https://www.openaustralia.org.au/debates/?id=2018-12-05.125.2) was being pushed through Parliament by the Coalition Government. — 2018-12-06, House of Representatives: negative, ayes 70, noes 76
- The majority voted in favour of a [motion](https://www.openaustralia.org.au/debates/?id=2018-12-06.23.2) to agree with the main idea of the [bill](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r6256), which means the bill can now be discussed in greater detail. In parliamentary jargon, they voted to read the bill for a [second time](https://www.peo.gov.au/learning/fact-sheets/making-a-law.html). ### What is the main idea of the bill? This bill is part of the Government's package of measures in relation to the electricity sector. For example, the bill sets out three kinds of prohibited conduct in relation to retail prices, the electricity financial contract market and the wholesale electricity market. The remedies included in the bill are graduated, from the Australian Competition and Consumer Commission (ACCC) issuing a public warning notice to the ACCC applying to a court for a pecuniary penalty. The bill also gives new compulsory information gathering powers on the Australian Energy Regulator (AER) and lets the AER share information with other agencies. The Labor Party was concerned with the [speed this legislation](https://www.openaustralia.org.au/debates/?id=2018-12-05.125.2) was being pushed through Parliament by the Coalition Government. — 2018-12-06, House of Representatives: affirmative, ayes 76, noes 70
Plain-language summary
No machine-written summary in this export.
Sources
em
billhome