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Monday, 26 October 2009
Page: 6974

Senator BOB BROWN (Leader of the Australian Greens) (1:43 PM) —It would be good if the minister took it on notice and gave it back to the committee or to the Senate.

Senator Conroy —I would be happy to.

Senator BOB BROWN —I was interested in the comment about clouding the judgment of shareholders. I am interested to know which shareholders thought their judgment would be clouded by removing the provisions, as the government did. Obfuscating the intended outcome that CEOs or directors may be having may be wanting and, therefore, the deliberate clouding of the judgment of the shareholders is what is at play here in removing these draft exposure amendments which the Greens are now putting forward. They are excellent amendments and I have heard no argument coming from the government that it did not have before 5 May for removing them. I would be interested to hear who the stakeholders were that had this ability to alter the government’s intention in the way that we are now seeing.

The TEMPORARY CHAIRMAN (Senator Trood)—Minister?

Senator Conroy —I took that more as a commentary rather than a question. I think Senator Brown is pleading guilty to that.

Question negatived.