Chris Bowen (Prospect, Australian Labor Party, Minister for Financial Services, Superannuation and Corporate Law) Share this | Hansard source

The honourable member is being quite disingenuous, because he is asking whether, on the basis of a policy announcement by the government that we would consult, that announcement had led to any firms changing their decision. The obvious answer to that is no, because there was nothing on the public record. We had simply announced that we would consult with industry, take on board their concerns and then announce, as quickly as was humanly possible, our policy response, which is exactly what we did. That policy response is encapsulated in this discussion paper, which was issued on the date the honourable member has referred to—on the Friday.

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