Doug Cameron (NSW, Australian Labor Party, Shadow Minister for Human Services) Share this | Hansard source

Labor would like to indicate that we will be supporting the Greens amendments on sheet 8314. These amendments give ASIC explicit power to direct AFCA to take steps to ensure that it is sufficiently financed—fundamental for any organisation. It's important that the new AFCA has adequate resources to properly consider disputes, and we note that ASIC has a directions power under the bill with respect to AFCA. We will support this amendment, to put beyond doubt that this includes making sure that the AFCA scheme is sufficiently financed.