Abolition of the Mint
Gold Corporation Amendment Bill 2025
Legislative Assembly
Legislative Council
Assent
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The Mint is abolished.
Gold Corporation can now manage state-operated batteries under a management order.
Gold Corporation has new limits on how much currency or currency-related debt it can borrow.
The Mines Minister must consult relevant officials before making a transfer order that uses a schedule.
The Mines Minister can certify in writing that specific actions occurred under the new transfer rules.
New rules establish how records are accessed and documents are registered for the Gold Corporation.
The Debate
What different members said when this bill was debated:
“I move: That the bill be now read a second time. Gold Corporation is Australia’s largest fully integrated innovative precious metals enterprise, providing premium gold, silver and other precious metal products and related services to markets throughout the world.”
David Michael ALP
“I move: That the bill be now read a second time. Gold Corporation is Australia’s largest fully integrated innovative precious metals enterprise, providing premium gold, silver and other precious metal products and related services to markets throughout the world.”