House debates

Tuesday, 15 July 2014

Questions without Notice

Financial Services

2:55 pm

Photo of Bernie RipollBernie Ripoll (Oxley, Australian Labor Party, Shadow Minister Assisting the Leader for Small Business) Share this | Hansard source

My question is to the Deputy Prime Minister. In light of the Commonwealth Bank financial planning scandal, why is the government opening the door for commissions to be paid on general and personal advice when this will make it impossible to guarantee that financial advice is being given in the best interests of Australian investors?

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