Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

Of course, all of us on this side of the chamber are very much looking forward to our very good friend, valued colleague and the great senator for the great state of New South Wales, Senator Sinodinos, taking back responsibility for this portfolio. In the meantime, I will continue to work hard to implement the commitments we took to the last election, to improve the mess that Labor left behind. We know that Labor in government was driven by doing the bidding of the union movement, delivering benefits for the commercial interests of the union movement. We are focused on the public interest. We are focused on making sure that we have an efficient, competitive regulatory system in place where people across Australia managing financial risk can have access to high-quality advice they can trust which is also affordable. This is an area that is riddled with vested commercial interests. Indeed, the Labor Party may be said to have a political interest, where we will focus on the public interest. That is what I will continue to do in my remaining time.