Senate debates

Thursday, 11 May 2006

Questions without Notice

Westpoint

2:45 pm

Photo of Helen CoonanHelen Coonan (NSW, Liberal Party, Minister for Communications, Information Technology and the Arts) Share this | Hansard source

Senator Webber is clearly dead wrong in the allegation in her primary question and in her supplementary question. I have spent about four minutes detailing the actions that ASIC has taken. Quite clearly, ASIC is a responsible regulator that will behave in an appropriate way to protect investors where it has a responsibility to do so.

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