House debates Questions without Notice

Future of Financial Advice

Tuesday, 15 July 2014 House of Representatives

Chris Bowen

Chris Bowen McMahon, Australian Labor Party, Shadow Treasurer

3:01 pm

My question is to the Deputy Prime Minister. I refer the Deputy Prime Minister to his previous answer and I also refer him to comments by the CEO of the Council on the Ageing Australia, Ian Yates, about the government's watering down of important consumer protections:

Independent legal and professional advice confirms that these regulations are against the best interests of Australian consumers.

…   …   …

This issue has been second only to pension cuts in recent representations to us by COTA members …

Why is the government making it harder for older Australians to save for their retirement?

Comments

No comments