Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

Australia’s regulators have performed solidly in the recent difficult times. ASIC is appropriately funded to undertake its role as the corporate regulator and has received substantial funding increases over recent years. Funding for ASIC has increased by approximately 85 per cent above CPI, from $130.1 million in 2000-01 to a budgeted $303.3 million in 2008-09, so ASIC is doing— (Time expired)