Jane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) Share this | Hansard source

Without naming the firms themselves, one of the points of the regulatory sandbox changes that we're proposing is that it expands the number and the type of products that can use the sandbox. For instance, deposit products and payment products—if ADI-issued—general insurance, liquid investments and consumer credit contents with certain features were available in the old ASIC sandbox. In the enhanced ASIC sandbox you'll certainly find those deposit products, and you would also find non-cash payment products that are ADI-issued; general insurance products, although excluding consumer credit insurance; life insurance; superannuation products; interest in simple managed investment schemes; Commonwealth debentures; stocks and bonds; listed securities, including shares and bonds; and also crowd-sourced equity securities. That said, not all products will be available to be used in the sandbox; certainly not things that involve derivatives, marginal lending products and credit contracts. Payday lenders won't be involved either.