House debates

Wednesday, 18 June 2008

Appropriation Bill (No. 1) 2008-2009

Consideration in Detail

6:08 pm

Photo of Jason ClareJason Clare (Blaxland, Australian Labor Party) Share this | Hansard source

My concern is about mortgage brokers. I make the point that the Baird committee in the previous parliament made important recommendations about it. I make the point that a green paper has now been released recommending the licensing and the oversight of mortgage brokers by either APRA or ASIC. I think that is a good thing; I think it is an important thing. Constituents of mine and others have made that point to me; they would like to see some action. I would like some advice from the minister about what the government’s intentions are with regard to the implementation of the recommendations of the Baird committee and, more importantly, the options that are canvassed in that green paper.

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