Senate debates

Thursday, 27 November 2014

Questions without Notice

Financial Services

2:19 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

I did not actually promise before the last election to provide compensation. What I promised was that the government would consider various issues. These are very complex matters and there are matters of precedent that are involved here as well.

There have actually also been conversations in relation to this with some very senior people on the Labor side. You might want to reflect on who the Minister for Financial Services was at the time of the Trio collapse and in the period subsequent to that. You might just want to be very careful about how you decide to progress this if you are actually interested in achieving a potential outcome in relation to these matters.

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