House debates

Monday, 17 September 2018

Questions without Notice

Banking and Financial Services

2:51 pm

Photo of Chris BowenChris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question's to the Treasurer. On Saturday, the Treasurer said ASIC and APRA have a case to answer as to how some of this conduct occurred on their watch. But in April 2016, when arguing against a banking royal commission, the now Treasurer said ASIC and APRA had 'stronger powers than a royal commission'. Why, two years after he said they had stronger powers than a royal commission, is the Treasurer now blaming the regulators and only now promising them more powers?

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URL:		https://www.openaustralia.org.au/debate/?id=2018-09-17.87.2
Referer:	None
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Line:		107

Source:

105      */
106     public function render($data, $format = 'html', $template = 'comments') {
107         include __DIR__ . '/../easyparliament/templates/$format/$template.php';
108     }
109 

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