Senate debates Bills
Treasury Laws Amendment (2018 Measures No. 2) Bill 2019; In Committee
Jane Hume Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology
9:09 pm
My understanding is that it's largely the cost of the advice that goes into obtaining these licences that is prohibitive, and, unless the company can be sure that they have a viable business model, it is a barrier to increasing competition in financial services.
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