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representatives vote 2018-12-06#3
Edited by
mackay staff
on
2018-12-21 12:16:25
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Title
Description
- 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.
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representatives vote 2018-12-06#3
Edited by
mackay staff
on
2018-12-21 11:55:06
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Title
Bills — Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2018; Second Reading- Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2018 - Second Reading - Agree with bill's main idea
Description
<p class="speaker">Tony Smith</p><p>The question is that this bill be now read a second time.</p> - 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.
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