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16 August 2011

490  MR OAKESHOTT: To ask the Treasurer—

(1) Will the Government consider re-establishing the education fund that used to e xist under ASX’s stewardship, and that also served to channel revenue from fines imposed for breaches of trading rules into improving compliance and risk management practices to prevent further breaches.

(2) Is he aware that the education fund more effectively used monies from fines than the current system (under new ASIC supervisory arrangements) of directing them into consolidated revenue. 

499  MR FLETCHER: To ask the Assistant Treasurer—Can he indicate what proportion (as a percentage) of the Australian equity portfolio held by the following funds (a) Australian Super, (b) Cbus, (c) HESTA, (d) HOSTPLUS, (e) MTAA Super, (f) CareSuper, (g) LUCRF Super, (h) Media Super, (i) NGS Super, (j) TWUSUPER, (k) AustSafe, (l) Energy Super, (m) First Super, (n) legalsuper, and (o) REI Super, is constituted by investments in the top 500 big polluting companies that will be subject to the carbon price.