Senate debates Bills

ASIC Supervisory Cost Recovery Levy Bill 2017, ASIC Supervisory Cost Recovery Levy (Collection) Bill 2017, ASIC Supervisory Cost Recovery Levy (Consequential Amendments) Bill 2017; Second Reading


Katy Gallagher

Katy Gallagher ACT, Australian Labor Party

1:03 pm

I am aware of the Senate's desire to get to the Criminal Code Amendment (Protecting Minors Online) Bill 2017, so I seek leave to have my speech incorporated into Hansard.

Leave granted.

The speech read as follows—

            This Government and ASIC

                  Financial Counselling

                                    The need for a Royal Commission

                                                                    banks putting intense pressure on the regulator to dial down media releases;

                                                                    the widespread sale of junk add-on insurance,

                                                                    unconscionable treatment of small business borrowers, and

                                                                    concerns about the responsible lending practices with respect to interest only loans; and

                                                                    the 200 million dollar fees for no service scandal.

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