Senate debates
Wednesday, 20 October 2021
Committees
Economics References Committee; Reference
4:47 pm
Anne Urquhart (Tasmania, Australian Labor Party) Share this | Hansard source
At the request of Senator Pratt, I move:
That the following matter be referred to the Economics References Committee for inquiry and report by 1 December 2021:
Sterling Income Trust, with particular reference to:
(a) the Australian Securities and Investments Commission's oversight of the Sterling Income Trust;
(b) the need for legislative and regulatory reform to prevent such losses in the future;
(c) access to justice and redress for victims of the Sterling Income Trust Collapse;
(d) the novelty of the products of the Sterling Income Trust;
(e) why the scheme collapsed and where the money went; and
(f) any related matters.
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