Senate debates

Thursday, 17 March 2016

Questions without Notice

Financial Services

2:33 pm

Photo of George BrandisGeorge Brandis (Queensland, Liberal Party, Attorney-General) Share this | Hansard source

I will take on notice those parts of your question that I am not a position immediately to respond to. But may I make this observation to you, Senator Whish-Wilson? I reject outright your suggestion that there is systemic criminality in the Australian financial system. I think that is a very wild and irresponsible thing to say. In fact, we have a very strong financial system, a strong and well-regulated financial system whose integrity and strength is undergirded by institutions—created by both sides of politics, I might say—most particularly by APRA, a product of the Howard government.

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