Senate debates

Monday, 10 February 2020

Bills

Treasury Laws Amendment (2018 Measures No. 2) Bill 2019; In Committee

9:16 pm

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

I can understand product manufacturers in terms of insurance, superannuation, credit products and those kinds of things, but they're still being flogged by financial advisers while they're in the sandbox; correct? That's why the exemption is there in the first place. It could even be that their business is being sold wholesale—lock, stock and barrel—to Facebook or whoever it happens to be. At the end of the day, the exemption is for financial advisers. What roles are the financial advisers playing here?

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