Sam Dastyari (NSW, Australian Labor Party) Share this | Hansard source

My question is to the still Acting Assistant Treasurer, Senator Cormann. Is the minister aware of comments by John Brogden of the Financial Services Council that:

The reality is that public trust is so low, public expectations are so low, yet public demand for advice is so high that we have to acknowledge that self regulation has failed and we need to go to government and independent regulation.

Minister, is Mr Brogden correct?