DAMIEN SMITH (ACT): Thank you, Mr Speaker. I rise to speak on behalf of the ACT Party. We'd like to propose some positive solutions around the bill. This bill introduced by the Government and the Minister will provide an updated focus on reform and transparency and overall governance, and we think accountability arrangements of the central banks are clearly defined. We think it has a lot to recommend to it—ACT wants to support it in its first reading—but there are some points we'd like to make. 