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CORPORATIONS AND FINANCIAL SERVICES—JOINT STATUTORY COMMITTEE—VARIATION OF REFERENCE

Senator Macdonald, pursuant to notice of motion not objected to as a formal motion, moved general business notice of motion no. 389—That the following additional matter be referred to the Parliamentary Joint Committee on Corporations and Financial Services as part of that committee's inquiry into financial products and services in Australia, adopted by the committee on 25 February 2009 for inquiry and report by 23 November 2009:

 The committee will investigate the involvement of the banking and finance industry in providing finance for investors in and through Storm Financial, Opes Prime and other similar businesses, and the practices of banks and other financial institutions in relation to margin lending associated with those businesses.

Question put and passed.