Senate debates

Wednesday, 12 February 2014

Questions without Notice

Financial Services

2:47 pm

Photo of John MadiganJohn Madigan (Victoria, Democratic Labor Party) Share this | Hansard source

Mr President, I ask a supplementary question. Can the minister outline how the $190 million saving to industry through this legislation is considered to be reasonable, compared to the billions of dollars super members and consumers of financial products will have to continue to pay in commissions through the relaxation of the current laws?

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