Senate debates

Thursday, 21 October 2021

Documents

Australian Securities and Investments Commission; Order for the Production of Documents

11:29 am

Photo of Anne RustonAnne Ruston (SA, Liberal Party, Minister for Families and Social Services) Share this | Hansard source

The government opposes this motion. ASIC is undertaking an ongoing investigation into the conduct of a number of entities and officers within the Sterling Group of Companies. The government does not wish to prejudice the independent work of ASIC. I refer to the comments I made yesterday, on a similar motion, that matters relating to the Sterling Income Trust have been subject to litigation and the government does not want or wish to prejudice any possible future proceedings.

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