Senate Economics Legislation Committee (part 1 of 3)
11 February 2026
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Senate Economics Legislation Committee Australian Parliament
12:34 - 14:23
Speaker 23
Get going. We'll going? Alright. I declare open this hearing of the senate estimates, senate economic legislation committee into the twenty twenty five, twenty six additional budget estimates. I begin by acknowledging the traditional custodians on the land on which we meet today and pay my respects to their elders past and present.
I extend that respect to aboriginal and Torres Strait Islander peoples here today. The committee is due to report to the senate on Tuesday, 03/31/2026. Questions on notice. The committee has set twentieth of the twentieth of February twenty twenty six as the date by which senators are to submit written questions on notice, and 04/10/2026 is the date for the return of answers to questions taken on notice for today's proceedings. The committee's proceedings today will begin with the Reserve Bank of Australia.
The committee will be conducting today's hearings via video teleconference and in person. Under standing order 26, the committee must take all evidence in public session. This includes answers to questions on notice. I remind all witnesses that in giving evidence to the committee, they are protected by parliamentary privilege. It is unlawful for anyone to threaten or disadvantage a witness on account of evidence given to a committee, and such action may be treated by the senate as a contempt.
It is also a contempt to give false or misleading evidence. The senate has endorsed the following test of relevance of questions at estimates hearings. Any questions going to the operations or financial positions of the departments and agencies which seeking funds in estimates are relevant questions for the purpose of estimates hearings. I remind officers that the senate has resolved that there are no areas in connection with the expenditure of public funds where any person has a discretion to withhold details or explanations from the parliament or its committees unless the parliament has expressly provided otherwise. The senate has resolved also that an officer of the department of the Commonwealth shall not be asked to give opinions on matters of policy and shall be given reasonable opportunity to refer questions asked of the officer to superior officers or to a minister.
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