Senate debates

Monday, 18 April 2016

Questions without Notice

Australian Securities and Investments Commission

2:13 pm

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

I do not accept the premise that Senator Ketter has added to the final part of his question. This government and indeed previous governments—and, indeed, the previous Labor government—from time to time have applied efficiency dividends, which were applied not just to ASIC but across the board. As I have indicated in the lead-up to this budget—as we have done in the lead-up to previous budgets and budget updates—we are and have been reviewing the resourcing of all agencies of government to make sure it is appropriate and adequate for the functions that we want them to fulfil in the public interest, and that is what the government intends to do on this occasion.

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