Senate debates

Wednesday, 6 December 2017

Bills

Treasury Laws Amendment (2017 Measures No. 9) Bill 2017, Treasury Laws Amendment (Putting Consumers First — Establishment of the Australian Financial Complaints Authority) Bill 2017; In Committee

5:59 pm

Photo of Anne RustonAnne Ruston (SA, Liberal Party, Assistant Minister for Agriculture and Water Resources) Share this | Hansard source

The current employees of the SCT, as I said before, are currently employees of ASIC on secondment to this organisation, so they can't lose their jobs and they won't lose their jobs. They will have the option of returning to ASIC, if that's what they want to do. Equally, once the new organisation has been established—subject, obviously, to the approval of this chamber—the details of the employment opportunities for those people that are currently working not just at the SCT but in the other two ombudsman offices will be available to them, should they wish to apply.

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