Parliamentary Joint Committee on Corporations and Financial Services
18 June 2026
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Parliamentary Joint Committee on Corporations and Financial Services Australian Parliament
14:28 - 16:45
Speaker 7
I declare open this hearing of the parliamentary joint committee on corporations and financial services into the oversight of ASIC, the takeovers panel, and the corporation's legislation. I begin today by acknowledging the Ngunnawal and Lambri people, the traditional custodians of the land on which we meet, and I pay my respect to the elders past and present. The committee will be conducting today's hearing in person and via video conference. These are public proceedings being streamed live via parliament's website, and a hand tied transcript is being made. However, witnesses also have the right to request to be heard in camera, and the committee will consider any such requests.
I remind all witnesses that the giving of false or misleading evidence may be treated by the senate as a contempt. The committee also reminds all parties to this matter of the committee's commitment to the parliament's processes, procedures for protection of witnesses. The committee emphasizes that witnesses are protected by parliamentary privilege, making it unlawful for anyone to threaten or disadvantage a witness on account of evidence given to a committee. Any such action taken against a witness may be treated by the parliament as a contempt, and the committee will ensure that any such action is vigorously investigated and, if necessary, referred to the senate as a potential contempt. If a witness objects to answering a question, they should state the ground upon which the objection is made, and the committee will determine whether will...
It will insist on an answer having regard to the ground which is claimed. If the committee determines to insist on an answer, a witness may request that the answer be given in camera. I remind any committee members and witnesses who are appearing via video conference to mute their microphones when they are not speaking. And if I can just, enforce that the committee believes that this matter that we are discussing is of such significance that our efforts will be to do everything that we can today absolutely in full public view because of the import of what it means for the public good. I understand, first of all, can I welcome representatives from Lend Lease?
16:46 - 17:00
Speaker 4
I understand, gentlemen, that information on parliamentary privilege and the protection of witnesses giving evidence to senate committees has been provided to you both. For the hand side record, will you please state your full names and the capacities in which you appear today?
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