Parliamentary Joint Committee on Corporations and Financial Services - Sydney, NSW (part 2 of 2)
7 May 2026
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Parliamentary Joint Committee on Corporations and Financial Services Australian Parliament
00:00 - 00:19
Speaker 33
Clarity and more protection, not less protection. Number three, require impact assessments for advice access reforms before any reform affecting insurance distribution. Policy changes have to be evaluated for their effect on consumer access to professional advice, not just their administrative intent. I guess it's kind of in the same space.
00:19 - 00:20
Yes. Yes.
00:20 - 00:22
So, you
00:22 - 00:43
Speaker 51
know... There's no I mean, we we are very strong believers in strong consumer regulations and outcome. We represent the consumer in the transaction. But the pragmatics of how do you actually get a system to work effectively and efficiently because in the end, when what these layers end up is just cost. And in the end, that cost gets borne ultimately by consumers.
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