Tuesday, 16 March 2010
Trade Practices Amendment (Australian Consumer Law) Bill 2009
It is great to see the minister hitting his straps. We have got an area which he is completely across, which is the use of cash, so we both welcome this amendment. However the coalition, although very sympathetic to the views put forward by Senator Xenophon, will not be supporting this, especially in the regulation of cash from point-to-point transfers or point-to-point sales. At this juncture we doubt the capacity for this regulation. We also have concerns about the relevance to this legislation and, as such, we will not be supporting it.