Senate debates

Monday, 10 February 2020

Bills

Treasury Laws Amendment (2018 Measures No. 2) Bill 2019; In Committee

9:13 pm

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

I imagine that if they felt they had stumbled onto a very viable, successful business model and there was a lot of consumer demand that they would certainly go out and seek finance from broader industry. But probably by that stage, if they were successful, they would have broken the boundaries of the ASIC sandbox anyway, so they wouldn't qualify to be in the sandbox anymore.

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