House debates Questions without Notice

Economy

Thursday, 18 June 2009 House of Representatives

Malcolm Turnbull

Malcolm Turnbull Wentworth, Liberal Party, Leader of the Opposition

2:01 pm

My question is addressed to the Prime Minister. I refer the Prime Minister to the Obama administration’s overnight announcement of sweeping changes to the regulation of the United States financial markets. I also refer him to the fact that his own government has seen no need to make similar changes in Australia. Prime Minister, isn’t it the case that your government inherited the best regulated and most robust financial system in the world?

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