Senate debates

Wednesday, 6 December 2017

Bills

Treasury Laws Amendment (Putting Consumers First — Establishment of the Australian Financial Complaints Authority) Bill 2017; In Committee

12:03 pm

Photo of Doug CameronDoug Cameron (NSW, Australian Labor Party, Shadow Minister for Human Services) Share this | Hansard source

The Law Council of Australia, the Association of Superannuation Funds of Australia, the Australian Institute of Superannuation Trustees, Industry Super Australia, the ACTU and the Chartered Accountants Australia and New Zealand either oppose the abolition of the SCT or have raised concerns about protections that are not included in the new bill or process. One of the protections that was in place under the current situation was the capacity to go to an administrative review. What replaces the administrative review?

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