My question is to the Treasurer. I refer specifically to the case of Mr Bernie Kelly from Melbourne who lost $150,000 from the collapse of Timbercorp and who will, in all likelihood, lose his home as well. Given the Financial Services Council now says more, not less, regulation is required for financial advice and professional standards, why has the government decided to dismantle Labor's FoFA reforms and put even more pressure and risk on millions of Australian investors?