House debates Business
Suspension of Standing and Sessional Orders
Chris Bowen McMahon, Australian Labor Party, Shadow Treasurer
12:15 pm
Well, the parliament can step in, and we are offering for the parliament to step in now. We are offering for the parliament to call a royal commission, which this Prime Minister and this Treasurer have abjectly failed to do—this Treasurer, whose great achievement is to defend $120 million worth of cuts to ASIC; this Treasurer, whose great achievement is to deny 41 warnings from ASIC that they needed more resources and more powers.
This is a government which completely ignores the wishes and completely ignores the needs of Australia's consumers. This is a government which completely ignores the evidence—
Mr Chester interjecting—
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