Senate debates

Monday, 16 March 2009

Committees

Corporations and Financial Services Committee; Reference

4:23 pm

Photo of Ian MacdonaldIan Macdonald (Queensland, Liberal Party, Shadow Parliamentary Secretary for Northern Australia) Share this | | Hansard source

I move:

That the following additional matter be referred to the Parliamentary Joint Committee on Corporations and Financial Services as part of that committee’s inquiry into financial products and services in Australia, adopted by the committee on 25 February 2009 for inquiry and report by 23 November 2009:

The committee will investigate the involvement of the banking and finance industry in providing finance for investors in and through Storm Financial, Opes Prime and other similar businesses, and the practices of banks and other financial institutions in relation to margin lending associated with those businesses.

Question agreed to.