House debates

Monday, 29 July 2019

Questions without Notice

Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

2:21 pm

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

There were 76 recommendations. The other side are a complete joke. They took 22 days to respond. We took four days, and we're getting on with the job of legislating and passing regulations and doing it carefully, so that no mistakes are made. This is a critically important area. When it comes to an organisation like APRA, in Labor's last year in office, funding actually decreased, rather than increasing. Funding under us is now at a record level. We have passed legislation and passed regulations, and we are getting on with the job of protecting Australian consumers.

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