Senate debates

Wednesday, 24 September 2008

Questions without Notice

Economy

2:38 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

There is a clear distinction—and I would have thought that even the opposition could understand this—between a legislative ban, which we do not support, and legislative amendments to disclose covered short selling. As I have just explained—and, unfortunately, given that question, I have to explain it again—there is a very important distinction between the government saying, and as I have said on many occasions: we will not legislatively ban short selling.

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