Stuart Robert (Fadden, Liberal Party, Assistant Treasurer) Share this | Hansard source

I'll be brief. The government's bill, the Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Bill 2018, increases criminal penalties by 400 per cent. We have moved substantially to deal with this issue. I believe the government has moved a substantial way forward on this. We've got a very decent balance. It's in line with global jurisdictions. The government's particularly satisfied with the harshness of the penalties it's putting forward.

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