Senate debates

Wednesday, 6 December 2017

Bills

Treasury Laws Amendment (Putting Consumers First — Establishment of the Australian Financial Complaints Authority) Bill 2017; In Committee

11:57 am

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

Does the minister accept, though—because there's very little detail in this bill, and most of the detail is going to be in those terms of reference—that there is considerable uncertainty over the final detail of how this is all going to work? Does the minister accept that that's contributed significantly to the lack of confidence and trust, especially amongst the stakeholders in the superannuation industry, around this legislation?

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