James McGrath (Queensland, Liberal National Party, Assistant Minister to the Prime Minister) Share this | Hansard source

The government takes a zero tolerance approach to corruption in all its forms. Australia is consistently ranked as one of the least corrupt countries in the world. The government has a multifaceted approach to combatting corruption and financial crime, including: a $127 million reform package to strengthen the Australian Securities and Investments Commission and better protect Australian consumers; the Fraud and Anti-Corruption Centre housed in the Australian Federal Police, with a $14.7 million investment from proceeds of crime to expand the centre's foreign bribery investigative capability; the release of a public discussion paper on a possible deferred prosecution agreement scheme; and $127.6 million over four years to fund the serious financial crime task force to ensure Commonwealth financial crimes are disrupted and deterred.

Question agreed to.