Senate debates

Wednesday, 7 February 2007

Questions without Notice

Corporations Law

2:47 pm

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

I thank Senator Murray for his supplementary question. I think it is appropriate that ASIC should continue to do its work in the way in which it has indicated it will on this and other matters. The general proposition is that the government will continue to ensure that regulatory settings are appropriate in the light of both market developments and investigations that might indicate any lack of clarity, certainty or reach where it is appropriate. That is an affirmative that the government will continue to ensure that the settings are appropriate as matters unfold.

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