House debates Questions without Notice

Financial Services

Tuesday, 19 April 2016 House of Representatives

Chris Bowen

Chris Bowen McMahon, Australian Labor Party, Shadow Treasurer

2:18 pm

My question is to the Prime Minister. The Liberal government cut ASIC funding by $120 million and ignored at least 41 warnings from ASIC that they need greater powers and resources. How can Australians possibly trust this Prime Minister to deal with high-profile financial scandals when his government has failed to stand up for victims of those scandals?

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