House debates

Tuesday, 3 February 2009

Questions without Notice

Economy

3:33 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to the comments by the Deputy Prime Minister in Davos, where she said:

We have open and competitive markets backed up by a world class financial and prudential regulatory system—indeed given the flaws exposed by the global financial crisis in financial and prudential regulation I would say our system is even better than world class.

Does the Prime Minister agree with his deputy that Australia has the best financial regulation in the world?

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