Senate debates Bills
Banking Laws Amendment (Unclaimed Money) Bill 2015; Second Reading
James McGrath Queensland, Liberal National Party
6:20 pm
Through you, Mr Acting Deputy President, I think this is a very good bill because it returns the savings of Australians to them and returns the period of inactivity of bank accounts before they can be taken from three years to seven years. The government of Australia should be helping people save money, not taking it from their bank accounts like some nefarious Ned Kelly.
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