Senate debates

Wednesday, 19 November 2014

Regulations and Determinations

Corporations Amendment (Streamlining Future of Financial Advice) Regulation 2014; Disallowance

7:10 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

I commend Senator Madigan on his contribution—thoughtful, considered and balanced. I hope I take the same tone as Senator Madigan. This is a mess. We do need to sort it out and we can sort it out with goodwill. I want to address a couple of preliminary matters.

In respect of advice and industry superannuation funds, I know Senator Cormann has spoken on that. That is an issue I take very seriously. I note a commentary in CrikeyI am not sure how that is characterised but Senator Cormann characterises it as a left-wing publication—

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