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Wednesday, 18 September 1996
Page: 3555

Senator CONROY —My question is addressed to the Assistant Treasurer. Has the Minister's attention been drawn to problems in investor protection for unit trusts? What is the government's view as to the most appropriate regulation of the interests of investors? Is the minister aware of the divergent views on this subject of those in the investment funds industry?

Senator SHORT —I have noted some of those reports, through you, Madam President, to Senator Conroy. We are having a look at them and I will come back to you with any response. It is a complicated and technical issue, as I think you are aware, but we will get you a response.