Nick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

The amendment will actually amend the Corporations Act 2001, which was passed by the previous government. Unfortunately, the previous Liberal government left a gap when it came to the disclosure of covered short selling. Unfortunately, this has become a matter of major importance given current events on the markets. So, as I have said on many occasions, despite the ill-informed views of the opposition and the ill-informed interjections that we have just heard from Senator Abetz, the government has no intention of putting in place a permanent legislative ban on— (Time expired)