Footnotes

Chapter 1 - Introduction

[1]        Revised Explanatory Memorandum, Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014, pp. 4–5.

[2]        Proof Senate Hansard, 1 September 2014, p. 77.

[3]        Revised Explanatory Memorandum, p. 11.

[4]        Revised Explanatory Memorandum, p. 27.

[5]        Revised Explanatory Memorandum, pp. 30–31.

[6]        Senator the Hon. Mathias Cormann, Minister for Finance and Acting Assistant Treasurer, Media Release, 'The way forward on financial advice laws', 20 June 2014, http://mhc.ministers.treasury.gov.au/media-release/020-2014/.

[7]        Revised Explanatory Memorandum, p. 5.

[8]        Revised Explanatory Memorandum, pp. 45–46.

[9]        Revised Explanatory Memorandum, p. 20.

[10]      Senate Economics Legislation Committee, Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 [Provisions], June 2014, pp. 95–96.

Chapter 2 - Views on the bill

[1]        Financial Planning Association of Australia, Submission 6, p. 8.

[2]        Association of Financial Advisers, Submission 5, p. 3.

[3]        Association of Financial Advisers, Submission 5, p. 3.

[4]        Revised Explanatory Memorandum, p. 34.

[5]        Australian Institute of Superannuation Trustees, Submission 4, p. 3.

[6]        Revised Explanatory Memorandum, p. 34.

[7]        Australian Institute of Superannuation Trustees, Submission 4, p. 2.

[8]        Governance Institute of Australia, Submission 1, p. 2.

[9]        Industry Super Australia, Submission 9, p. 5.

[10]      Industry Super Australia, Submission 9, p. 5.

[11]      Industry Super Australia, Submission 9, p. 5.

[12]      Financial Services Council, Submission 15, p. 5.

[13]      Australian Bankers' Association, Submission 2, p. 3.

[14]      CPA Australia and Chartered Accountants Australia and New Zealand, Submission 10, p. 8.

[15]      Industry Super Australia, Submission 9, pp. 7–8.

[16]      CHOICE, Submission 13, p. 3.

[17]      Stockbrokers Association of Australia, Submission 12, p. 5.

[18]      Stockbrokers Association of Australia, Submission 12, p. 6.

[19]      Association of Financial Advisers, Submission 5, p. 3.

[20]      CPA Australia and Chartered Accountants Australia and New Zealand, Submission 10, p. 7.

[21]      National Insurance Brokers Association, Submission 3, p. 9.

[22]      Association of Financial Advisers, Submission 5, p. 2.

[23]      Financial Services Council, Submission 15, pp. 4–5.

[24]      Financial Services Council, Submission 15, pp. 4–5.

[25]      Australian Bankers' Association, Submission 2, pp. 1–2.

[26]      Financial Services Council, Submission 15, p. 5.

[27]      BT Financial Group, Submission 7, p. 2. Also see Stockbrokers Association of Australia, Submission 12, p. 6.

[28]      Australian Financial Markets Association, Submission 11, p. 2.

[29]      Association of Financial Advisers, Submission 5, p. 2.

[30]      Stockbrokers Association of Australia, Submission 12, pp. 6–7.

[31]      Australian Financial Markets Association, Submission 11, pp. 2–3.

[32]      Australian Bankers' Association, Submission 2, p. 2.

[33]      Association of Financial Advisers, Submission 5, pp. 2–3.

[34]      Financial Planning Association of Australia, Submission 6, p. 5.

[35]      Financial Services Council, Submission 15, p. 5.

[36]      Australian Bankers' Association, Submission 2, p. 2.

[37]      Australian Bankers' Association, Submission 2, p. 3.

[38]      Australian Institute of Superannuation Trustees, Submission 4, p. 3.

[39]      Association of Financial Advisers, Submission 5, p. 4.

Dissenting Report by Labor Senators

[1]        Submission 3, p. 9.

[2]        Submission 10, p. 7.

Dissenting Report by Australian Greens

[1]        Inquiry into the Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014, Dissenting Report by Australian Greens, available at: https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/FOFA/Report/~/media/Committees/Senate/committee/economics_ctte/FOFA/Report/d02.pdf

[2]        Revised Explanatory Memorandum, Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014, p. 27.

[3]        Revised Explanatory Memorandum, Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014, p. 34.

[4]        CHOICE, Submission 13, p. 2.