House debates

Monday, 29 November 2021

Bills

Corporations Amendment (Meetings and Documents) Bill 2021; Second Reading

5:08 pm

Photo of Jason FalinskiJason Falinski (Mackellar, Liberal Party) Share this | Hansard source

Of course. Where were we? I was talking about Industry Super and their lack of governance. I was talking about how having virtual AGMs will bring more shareholders into those AGMs, where they can see how their money is not being managed to their benefit and so they can see how big super—who are the big donors of the Labor Party— are taking shareholders' money and using it to run their own political organisations through the boardrooms of Australia, without reference to their legal obligations under the financial test and the sole purpose test. I call on APRA to do their job, because they haven't been doing their job. They haven't been. That's why this legislation is so necessary—so more Australians can get in there and see what APRA have not been doing. (Time expired)

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