House debates Bills

Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011; Consideration in Detail

Thursday, 12 May 2011 House of Representatives

David Bradbury

David Bradbury Lindsay, Australian Labor Party, Parliamentary Secretary to the Treasurer

11:16 am

I am only getting warmed up. The member opposite in his response to the matters that I raised was almost as weak and insipid as these reforms would leave the position of shareholders, were these amendments to be adopted. Frankly, it is shameful that on the one hand the coalition want to pretend that they are supporting the empowerment of shareholders. They want to pretend that that is what they are doing. In fact, I heard the member opposite say that this would strengthen the two-strikes test.

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