Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I thank the member for his question; it is a very important question. We have experienced regulators in this country. They are first-rate and there could not be a period in our history when they have been more important. We are talking to them daily about international financial turbulence. We have talked to them about their budget. For the next two years, we have rescinded the proposal that we took to the last election for very good reasons—because our regulators need to be as strong as they possibly can be. They need to receive the full support of the government. They are receiving the full support of the government and the full financial commitment of the government.

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