Nola Marino (Forrest, Liberal Party) Share this | Hansard source

I am particularly pleased to rise to support the Banking Laws Amendment (Unclaimed Money) Bill 2015. The bill makes amendments to the Banking Act 1959 and the Life Insurance Act 1995 to give effect to the unclaimed money measures announced in the 2015-16 budget. It reverses the previous government's changes to Australia's unclaimed moneys provisions. Put quite simply, the government is cleaning up yet another chaotic Labor government mess. That is what it was in very simple terms. It was just a chaotic mess. What did it cause right around Australia? Confusion and distress. Our offices were inundated with calls and emails from people who simply could not believe that the government of the day could actually take their money. Literally, that is what it was.

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