Senate debates

Wednesday, 12 February 2020

Committees

Corporations and Financial Services Committee; Reporting Date

4:13 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Assistant Minister for Forestry and Fisheries) Share this | Hansard source

The government does not support an extension to this inquiry. The Senate agreed to a time line for the parliamentary joint committee to canvass important matters into the regulation of auditing in Australia.

The committee has conducted four public hearings and heard from all major submitters, including ASIC—twice—APRA, the ATO, the ANAO, the Treasury, the major accounting firms, two banks, standard bodies, academics and independent experts. The sooner the committee provides its recommendations to government for consideration the better.

Question agreed to.

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