Senate debates

Tuesday, 15 July 2014

Questions without Notice

Financial Services

2:20 pm

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

I have a further supplementary question. The FoFA laws were designed to restore confidence and trust in the financial services industry, which is also highlighted today as the key objective in the Financial System Inquiry's interim report. Why has the government rushed through FoFA regulations before the Financial System Inquiry's final report? Is this haste why consumer groups such as Choice and National Seniors Australia are in parliament today, saying that you have failed to get their confidence and trust in protecting consumers in this country?

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