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Tuesday, 25 March 1997
Page: 2398


Senator SHERRY (Deputy Leader of the Opposition in the Senate)(5.06 p.m.) —by leave—I move:

Amendments Nos 2, 3 and 7 to clauses 14 and 42: omit ",charges, surcharges or taxes" (wherever occurring) and substitute "or charges".

I understand in the evidence before the Senate committee that credit unions and building societies all sought this amendment, that no fees and charges should be passed in respect of RSA accounts. Senator Kemp, unlike you and your government, we listen. If we receive reasoned and sound advice we respond.