Senate debates
Wednesday, 20 June 2012
Bills
Corporations Amendment (Future of Financial Advice) Bill 2012, Corporations Amendment (Further Future of Financial Advice Measures) Bill 2012; Third Reading
12:48 pm
John Hogg (President) Share this | Link to this | Hansard source
The question now is that the remaining stages of these bills be agreed to and these bills, as amended, be now passed.
12:49 pm
Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Link to this | Hansard source
Mr President, I seek leave to make a 30-second statement.
Leave granted.
This is just to put on the record that the coalition remains strongly opposed to these deeply flawed and conflicted bills. In the interests of assisting the Senate we will not be calling another division. This is to place on record that this legislation will unnecessarily increase red tape and costs for consumers and small business, which is why we are recording our opposition to it and our vote against it.
Question agreed to.
Bills read a third time.