Media Centre

The central economic problem the nation faces is the Government is solely focused on economic policy that serves narrow vested interests - not the national interest.

Australia's financial system is advanced, but major structural problems in ASIC and APRA need addressing. A Financial System Inquiry is recommended to drive bold reforms and address deficiencies in regulatory enforcement.

Australian financial regulatory bodies like ASIC and APRA are failing to effectively enforce corporate laws, leading to a call for a new Financial System Inquiry to address deficiencies and drive bold reforms in the financial services sector. Liberal senator Andrew Bragg highlights the need for a recalibration and a thorough review of the financial system's structure and regulatory enforcement mechanisms.

Super fund death benefits are causing distress, with delays and lack of urgency in processing claims highlighted by Senator Bragg during the interview.