Michaelia Cash (WA, Liberal Party, Minister for Women) Share this | Hansard source

Given the reaction in particular from those on the other side, the answer to that is yes. It is unfortunate, because, when you look at the two million workers across Australia, the value of the funds, $1.5 billion, and the value of the assets that are under their control, $2 billion, deal after deal after deal that has been done by union officials and employers—some employers are complicit in this—has been to the detriment of the workers. How can anyone in this place not agree that the current laws are inadequate? They do not provide for the requisite level of transparency or accountability. The laws that are in place fail the two million members of these organisations. The appropriate thing to do as policymakers is realise there is a deficiency and put in place laws to ensure these types of deals cannot be done. (Time expired)