Senate debates

Monday, 23 June 2014

Matters of Urgency

Future of Financial Advice

4:09 pm

Photo of Stephen ParryStephen Parry (Tasmania, Liberal Party) Share this | Hansard source

The President has received the following letter, dated 23 June 2014, from Senator Moore:

Dear Mr President

Pursuant to standing order 75, I move that, in the opinion of the Senate, the following is a matter of urgency:

"The actions of the Abbott Government in undermining consumer protections by weakening the Future of Financial Advice (FoFA) Laws."

Is the proposal supported?

More than the number of senators required by the standing orders having risen in their places—

I understand that informal arrangements have been made to allocate specific times to each of the speakers in today’s debate. With the concurrence of the Senate, I shall ask the clerks to set the clock accordingly.

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