Madonna Jarrett
Brisbane · Australian Labor Party · Australia
“Parents, teachers and mental health professionals have increasingly expressed concern that social media companies have prioritised engagement and profit over children's wellbeing.”
“Since the introduction of those reforms, we have seen over five million accounts belonging to under-16s deleted off social media. That's an outcome, Member for Casey. This is a very positive development.”
“Protecting big tech or protecting young children—easy choice. Those opposite have the wrong priorities for this country, and we see it time and time again, whether it's keeping Australians locked out of the housing market, not supporting wage increases, voting against higher taxes or not acting on climate change.”
“Fourth is greater protection from online predators, scams and harmful content. Finally, the reforms send a strong message to the technology companies that child safety should be built into platform design rather than treated as an afterthought.”
“Platforms such as Instagram, TikTok, Facebook and X are all central to our modern lifestyle. But, while they're great opportunities to learn, to be creative, to connect, they also expose young people to significant risk. I'm going to make a point here: there is research behind this. There are facts that support this.”
“I'm pretty proud that the government is standing strong against big tech because that's what we need to do. We went out alone, but there are 16 more countries that are coming in behind us, which is pretty important. That's a pretty strong contrast to those opposite, who have chosen big tech over Australian kids.”
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“Second, they report on matters that might impact the long-term value of the company, such as their approach to climate and sustainability or the diversity of their workforce, just to name two. These laws also reform how the guardians of the financial truth conduct themselves, and this is when the auditors come into play. They review the accounts, or 'audit' them, to make sure they're fairly represented. This process helps identify errors, misstatements or even fraud, and auditors provide an independent opinion on the financial report. Then there's assurance, which looks at the accuracy of the system and processes, or non-financial information, of the businesses. These processes, too, are guided by standards. In actual fact, all the processes I've just talked about are guided by standards that are set by three core bodies.”
“I rise to speak on the Treasury Laws Amendment (Financial Reporting System Reform) Bill 2026 today. For most people, this sort of legislation may be a bit abstract and foreign, but the truth is that every person and every business that puts their money into shares, a business or a super fund is affected by the players who are governed by these laws. These laws are fundamental to our financial system. They provide a common method for recording transactions for corporate reporting and a process for review to verify the accuracy of the report. Corporate reporting covers two areas. I'm going to try and break it down a little bit here. First is finances. For businesses, it's their budgets—the income and expenditure, the profit and loss.”
“We've delivered pay rises for women in early childhood education, aged care and other care sectors, we've expanded paid parental leave to six months and legislated superannuation on top of that to help close the gender retirement gap, and we have cheaper child care for over one million families and a three-day guarantee. Let's talk housing. We are helping more women buy a home with our five per cent deposit scheme, and we're investing in crisis accommodation for women and children fleeing domestic violence. Women make up 50 per cent of the population, and those opposite haven't put forward a single meaningful policy to improve the lives of women around Australia. Just when you thought they were in a position to be better, they dumped their first female leader.”
“In honour of International Women's Day this Sunday, I say to all women across the country and in Brisbane: this government's delivering for you. Let's start with health—660,000 women have accessed more than two million cheaper scripts since our historic women's health package was announced. Contraceptives Yaz, Yasmin and Slinda, are now capped at $25, or $7.70 if you're on concession. There are now more affordable IUD and birth control implants, and we've opened new endo and pelvic pain clinics across the country. In the workplace, we've seen real gains in reducing the gender pay gap.”
“But, importantly, no matter what their badge represented, these leaders knew that being a leader is not about the badge. It's about how you act. It's about helping others, being brave, speaking up when things aren't right and doing what's right when people aren't watching or listening. I'd like to wish all our school leaders every success in their leadership journey in 2026. With leaders like those I met in Brisbane, the future of our community is bright.”
“It was great to see those many smiling faces, because there were a lot of students who didn't know that that was the case. This means that no student will have to choose between their health and their education. Australians deserve world-class health care, world-class education and world-class services, and that starts with backing the next generation, who are going to deliver this for us. I also had the pleasure recently of attending a number of school leadership ceremonies across Brisbane. I visited Ascot, Windsor, Wilston and Brisbane Central schools to congratulate the leadership teams. There were a wide variety of leadership positions. We had the usual school captains and sports captains as well as library captains, sustainability and marine captains, culture captains, music captains and band captains.”
“We also spoke about the ways this Labor government is helping young people get ahead, whether that be paid pracs for nursing, midwifery, social work and teaching—recognising that placement is work and that it should be paid for—or that we're supporting more university places than ever before. This year more Australians will start a university degree than at any point in Australia's history. University applications are up, and we're training our future teachers, nurses, doctors, social workers, engineers, scientists and more. I talked to existing students who've had their student debt cut, saving them thousands of dollars. We're also making vocational education more accessible, because part of that is a stepping stone to university, and we've capped PBS scripts at $25 or $7.70 for those on youth allowance.”
“Last month, across the country, students started their postschool education. They gathered in lecture halls and classrooms that were bigger than anything many of them had encountered before. They were on campuses that were unfamiliar but full of possibility. Recently, I had the privilege of meeting many of these young students at university campuses across Brisbane during O week. I met Toby, who has just started his university journey, studying a degree in political science, philosophy and economics. I also met Will, who's studying a Bachelor of Law at the University of Queensland and who's in his second year. We talked about the excitement of going to university—we can all remember this—and the opportunity that provides for young people.”
“My question is to the Prime Minister. How is the Albanese Labor government delivering for working Australians, especially women? Has anything threatened this progress, and what is the importance of transparency in this policy area?”
“Through regulations, we're making matching changes for brewers and distillers too. From 1 July, the excise remission cap for eligible alcohol manufacturers will rise from $350,000 to $400,000 a year for beer and spirits entered for home consumption. That keeps wine, beer and spirits all in step. Together, these changes back our local producers. They keep money flowing through our regional towns. They support jobs. They support investment. I say cheers to that, and I commend the bill to the House.”
“To maintain the trust and integrity of the deductible gift recipient system, the schedule also removes entities that have either voluntarily asked to be removed or no longer operate for the purposes for which they were originally provided DGR status. The last schedule of the bill relates to wine. In Australia we love a good drop, and we have some of the best wines in the world—some of them not too far from here. Schedule 6 delivers on the Albanese government's 2025-26 budget commitment to provide tax relief for Australian wine producers. Currently, all eligible wine products can receive a rebate of wine equalisation tax of up to about $350,000. The changes this bill introduces increase that cap to $400,000 per financial year from 1 July 2026. And we didn't stop at wine.”
“It helps prevent tax evasion and avoidance by providing mechanisms for tax authorities to exchange information and to provide assistance in the collection of tax debts. Exchange of information is very important in that regard. Schedule 5 of the bill amends the income tax laws to specifically list 11 entities as deductible gift recipients. I won't read them all, but a couple I'll mention are Community Foundations Australia and Partnerships for Local Action and Community Empowerment. Specifically listing an organisation encourages philanthropic giving and supports our not-for-profit sectors, as donors may claim income tax deductions for donations to organisations with deductible gift recipient status.”
“Moving on to schedule 4 of the bill, this puts Australia's new tax treaty with Portugal into law, adding to the attractiveness of Australia as an investment destination. This is actually the first agreement of its kind between our countries, and it opens the door to deeper commercial, investment and innovation links by cutting withholding-tax rates on dividends, interest and royalties. It means fewer tax barriers, cheaper access to foreign capital and stronger incentives for Australian and Portuguese businesses to invest. This helps strengthen our tax integrity. Finally, the convention supports the government's plan to make multinationals pay their fair share of tax and, again, strengthens the integrity of the tax system.”
“It'll pack our hotels, fill up our pubs and restaurants, pack out our stadiums, and showcase Australia on the world stage in the lead-up to the Brisbane Olympics in 2032. Hosting the Rugby World Cup will generate jobs. It'll deliver long-term benefits to local communities, including increased participation in sport, especially among women and girls. The amendments will provide income tax exemptions for event delivery companies and joint venture partners, and there'll be a withholding tax exemption for certain payments to foreign entities up to 30 June 2031. These settings align with what's been put in place previously for other major global sporting events hosted here, including the famous 2023 FIFA Women's World Cup. They're critical to ensuring that Australia remains competitive and an attractive destination for global events.”
“We have implemented major reforms to ensure that funds deliver for their members, from the financial accountability regime to stronger reporting standards, and expanding the performance test from around 80 products to more than 800. Let's move on to some other matters in the bill. In Australia we love our sport. It's part of our national identity. Schedule 3 of the bill provides targeted tax exemptions to help Australia host the men's and women's Rugby World Cup in 2027 and 2029. These games aren't just two events on a calendar. They're part of a long national tradition of hosting sports that brings people together. World Rugby chose Australia in 2022 for a good reason: we are a country that competes. The men's and women's World Cups will draw hundreds of thousands of international visitors, which will boost local tourism.”
“These amendments reinforce our government's commitment to supporting Australians to make informed choices about their superannuation while providing strong consumer protection. They will protect employees from being unduly influenced and from making uninformed decisions. Under the existing choice-of-fund rules, employees will still be able to choose any available super fund. These reforms build on our government's broader work to strengthen super: legislating the purpose of super, lifting the super guarantee to 12 per cent, boosting the low-income super tax offset and paying superannuation on paid parental leave.”
“And the condition to show an employee their stapled fund is an important consumer protection that will provide the necessary information in order to make a better-informed decision. Just for clarity, the ban does not apply to a person advertising in the ordinary course of business. Our government consulted with stakeholders on this amendment, and there was broad support for the changes and, importantly, an understanding of the benefits superannuation stapling brings to reducing unintended duplicate accounts. By requiring stapling as a condition of advertising a MySuper product during onboarding, the bill strikes a pretty decent balance. It gives employees as much transparency as possible while providing flexibility for service providers to ensure that their systems are ready, and it aligns with the implementation of Payday Super.”
“The following exceptions will apply so that only certain types of superannuation products can be shown or advertised to employees: the employee's super fund, the employer's default fund, and MySuper products that meet the following conditions. First, they have to pass the Annual Superannuation Performance Test. Second, the person advertising the product must not be related to the super fund that is offering the product—pretty important. Third, the person advertising the MySuper product has to have requested an employee's stapled fund and must provide those details to the employee if available. Finally, the advertisement must be accompanied by clear and unambiguous disclosures. For clarity: MySuper fund products are default superannuation products which are subject to strict regulation and an annual performance test.”
“This is a key moment for employees when they start work, and they should be able to engage with their super in a safe and informed way, free of inappropriate pressure or product promotions. There was a review called Your Future, Your Super, which uncovered some inappropriate behaviour where software providers were undermining stapling and directing employees to advertising of products, including those associated with the software provider. Our government really wants to put a stop to that inappropriate behaviour. This amendment introduces a ban on advertising super products to an employee, specifically at the point of onboarding when starting a new job, as I've said.”
“It's really easy, I think, when changing jobs, to lose track of things like your super and to inadvertently open another fund—especially when it's dropped in front of you when you're signing many, many papers for a new job and while you've got a hundred and one things going on in your mind and you may even be a bit nervous. These changes will also give employers, though, more timely and accurate superannuation details, supporting their readiness for our government's payday super reforms. Schedule 2 to the bill amends the Corporations Act 2001 to impose a ban on advertising superannuation products to employees during onboarding, but with certain exceptions. Again, Australians deserve protection from inappropriate advertising when they provide their superannuation details to an employer when onboarding.”
“It also supports our government's commitment to empower employees to make informed decisions, informed choices, by making it easier for them to see, consider and select their existing super fund when they start a new job, if that's what they choose to do. To be clear, though: as under existing choice-of-fund rules, the employees will still be able to choose any available super fund. This amendment also supports our government's commitment to reduce unintended duplicate accounts, which can erode savings over time, as we all know, with duplicate fees or extra insurance premiums. I look around at my young sons and their friends as they're starting work and I guarantee you: their superannuation fund is not top of mind for them.”
“This bill is another step in strengthening a system that delivers on its purpose of providing income for a dignified retirement. Schedule 1 to the bill amends the Superannuation Guarantee (Administration) Act to streamline the super choice-of-funds process during employee onboarding. When starting a new job, Australians deserve to know their options and make informed choices about their super fund. Stapling has also been introduced, to ensure employers pay superannuation contributions to an employee's existing super fund if that employee doesn't make a choice. Now, if an employee doesn't make a choice of fund, their employer can request the stapled fund details from the ATO, and this really prevents employees unintentionally opening new super accounts every time they start a new job.”
“This Labor government has also legislated that superannuation be applied to government paid parental leave. Debate interrupted.”
“The Howard government allowed the employer super guarantee rate to rise to nine per cent in 2003, and restricted super guarantee calculations to ordinary time earnings. It was the Rudd-Gillard government, a Labor government, that later legislated to increase the guarantee from nine per cent to 12 per cent between 2015 and 2019. But, as history says, it was the Abbott government, a Liberal government, that deferred these increases by six years, pushing the commencement to 2021. These deferrals and reversals are typical of the coalition, who have a track record of not supporting workers. More recently, the super guarantee rate reached 10½ per cent in 2022. Guess who was in government then? Yes, the Albanese Labor government. It's reached 12 per cent, supported by reforms aimed at improving fund portability and performance.”
“That government was an architect and proponent of the Prices and Incomes Accord, which exchanged national wage rises for a three per cent superannuation contribution, laying the foundations for universal coverage. The most significant reform followed in 1992, under the Keating Labor government. That recognised our ageing population and the unaffordable strain the growing age pension payments would have on the Australian economy. As a result, the superannuation guarantee, a compulsory employer contribution, was introduced. Starting at three per cent, it became part of a three-pillar retirement income system. Although Keating proposed compulsory employee contributions from 1997, this element was cancelled by the Howard Liberal government. Subsequent governments built on or altered these foundations.”
“I rise in support of the Treasury Laws Amendment (Supporting Choice in Superannuation and Other Measures) Bill 2025. This bill introduces important reforms to superannuation and tax laws to implement our election commitments, streamline systems and processes, and reduce compliance costs for taxpayers. Let's start with super. Labor is the party of superannuation. Why? Because Labor is the party for workers. Let's look at some history. Superannuation in Australia began as a limited benefit salary for white-collar workers, gradually expanding through the union negotiated industrial awards until the early 1980s. A major shift occurred in 1983 with the support of the Labor government under the leadership of Bob Hawke.”
“My second message is: if you're at the GP and you're not getting bulk-billed, you might want to ask them why. Bulk-billing, though, is only part of the story. This government is delivering across our healthcare system. This week marks the one-year anniversary of our historic women's health package, putting women's health and equity at the heart of this government's agenda. For too long, women's health has been overlooked, underfunded and misunderstood. Labor has changed that. Labor is delivering on its commitment to more affordable and accessible health care. We built Medicare, and we'll protect it. (Time expired)”
“Here's a report: 'Because of the Albanese Labor government, more people in the seat of Brisbane can see a GP for free.' This is just one step we're taking to rebuild Medicare, our world-class health system. In November last year this government made the single-largest investment in Medicare in its history. We extended the bulk-billing incentive to cover every patient, not just pensioners, concession card holders and families with children, and we tripled the incentive for doctors to do this. Why? It's because this Labor government believes all Australians should be able to see a GP for free. My message to the young people of Brisbane is: if you've put off going to a GP because of the costs, as many of you have admitted, you can now go with only your Medicare card.”
“It is based on understanding that when Aboriginal and Torres Strait Islander people have a genuine say in the programs and services that affect them, better outcomes are achieved. We cannot pretend we are fully measuring up to the fair go when basic needs like health care, a safe home and educational opportunities are not afforded to Aboriginal and Torres Strait Islander people as they are to others. This community of young people is our future. Their voices must be embedded in the systems and the decisions that affect their lives. This bill is about supporting self-determination. It's also about bringing to life what many Aboriginal and Torres Strait Islanders have discussed with me, which is, 'Nothing about us without us.'”
“Aboriginal and Torres Strait Islander women have been steadfast in their advocacy to be safe and to be heard, and the plan announced this morning was one part of that. They have been calling for strong action, and the Albanese Labor government is doing just that. So I'm proud to be part of a Labor government that has introduced this significant reform today into the House. Australia has a proud history of hope and achievement, yet there are still so many areas where outcomes are not improving fast enough. We can do better. We must do better. The task before us is to build a future in which all Australians have access to the same opportunities. The establishment of this national commission will play a crucial role here.”
“It is another step by the Albanese Labor government to close the gap facing Aboriginal and Torres Strait Islander people. Earlier today, I mentioned that we saw the launch of Australia's first standalone plan that strives for a future where Aboriginal and Torres Strait Islander women and children can live free from violence. We know Aboriginal and Torres Strait Islander women face unique and significant barriers to getting help. They are seven times more likely to be victims of intimate partner homicide and 27 more times more likely than non-Indigenous women to be hospitalised due to family violence. I hear that this can increase to 41 times greater than that in regional and very remote communities.”
“The government is putting money behind this—$33.5 million, in fact, over four years, with a further $8.5 million that will support the national commission's continued operations. The legislation for the national commission delivers on the government's commitment to respond to years of advocacy by around 70 Aboriginal and Torres Strait Islander and non-Indigenous organisations from across Australia. It draws on extensive consultation with Aboriginal and Torres Strait Islander peak bodies, leaders, organisations and community representatives. The national commissioner has the potential to make significant and lasting impacts on the lives of more than 400,000 Aboriginal and Torres Strait Islander children and young people nationwide.”
“The bills enable the national commissioner to provide advice to government on the development and delivery of relevant policies, programs and services that affect Aboriginal and Torres Strait Islander children and young people; to undertake research into systemic issues and barriers that affect their rights, interests, development, safety and wellbeing; to provide educational programs for Aboriginal and Torres Strait Islander children and young people to empower them to promote and advocate for their views, their needs and their experiences on matters that affect them; and to publicly advocate to promote their rights, interests, development, safety and wellbeing, amplifying their voices and strengths.”
“With a focus on Aboriginal and Torres Strait Islander young people, the commissioner will promote their rights, interests, development, safety and wellbeing, and build on their strengths; improve development, safety and wellbeing outcomes for them; and identify systemic issues and barriers to their development, safety and wellbeing.”
“Who better to know the root cause and extent of problems facing Aboriginal and Torres Strait Islander people—and, importantly, how to potentially address them—than Aboriginal and Torres Strait Islander people themselves? That's what these bills are about. The Albanese government will work with families, communities, the commissioner and the states and territories to make sure all Aboriginal and Torres Strait Islander children have the best start in life. The powers of this commission will be similar to other commissioners, guardians and advocates, including conducting inquiries, making recommendations to government, public advocacy, research and education. However, this role is the only one at a national level with a sole focus on Aboriginal and Torres Strait Islander children and young people.”
“It's why, with Minister Plibersek, they launched the first-ever National Aboriginal and Torres Strait Islander Plan to End Family, Domestic and Sexual Violence 2026-2036. It's another landmark reform. The national commission fills a gap to ensure the voices of Aboriginal and Torres Strait Islander children and young people are strongly reflected in the advice to government, as it should. The position of commissioner provides a strategic, nationally coordinated focus to raise systemic issues and Australia's human rights commitments. We know that, of the Closing the Gap targets related to children and young people, those related to development, protection, safety and justice are just off track. As I've said before, it's just not good enough.”
“I understand that Muriel Bamblett AO, CEO of the Victorian Aboriginal and Community Agency and co-chair of the Our Ways—Strong Ways—Our Voices steering committee, called for a standalone commission back in 1990, and that that followed the S tate of d enial report about the neglect and abuse of Indigenous children in the Northern Territory; the member for Lingiari spoke about this. Let's put that in perspective: that's a quarter of a century ago. This morning, I, along with others in this chamber, heard from Muriel, Aunty Violet Sheridan and others, who relayed their personal stories, including stories of domestic violence. These are real stories of real people. It's why we have to do something.”
“Aboriginal and Torres Strait Islander children and young people are 11 times more likely to be in out-of-home care and 27 more times likely to be in youth detention. We heard this earlier today. The system is clearly not working, and these figures highlight the need for government to act and to work with Aboriginal and Torres Strait Islander communities in closing the gap and implementing reforms like establishing the National Commission for Aboriginal and Torres Strait Islander Children and Young People. This commission has been in the making for a very long time.”
“Diabetes, high cholesterol and mental health issues are the most prominent. We all know life expectancy is much lower. I also understand that a large number of adults experience high or very high levels of psychological distress. Let's jump to the justice system. We all know that Aboriginal and Torres Strait Islander people are significantly overrepresented in the Australian justice system, comprising 37 per cent of the total prison population as at June last year, despite only making up roughly three per cent of the population. It's appalling. They're over 12 times more likely to be incarcerated than non-Indigenous Australians with, sadly, women being the fastest growing cohort.”
“On housing, First Nations people represent three per cent of the population but hold approximately 18 per cent of social housing tenancies; 20 per cent live in overcrowded housing conditions. That's much higher in remote communities, estimated at more than 50 per cent. Almost 25,000 Aboriginal and Torres Strait Islander people were estimated to be experiencing homelessness in 2021, representing over 20 per cent of the total homeless population. As somebody who volunteered at 3rd Space, where we had a number of visitors, they were well and truly overrepresented. Thirty-nine per cent of First Nations people aged 20 years and over had year 12 as their highest level of school completion. Let's go into health. Approximately 49 per cent of Aboriginal and Torres Strait Islander people have at least one chronic condition.”
“In Australia, there are almost one million Aboriginal and Torres Strait Islander people. This represents just over three per cent of the population. In the Brisbane electorate, my electorate, 1.8 per cent of the population identify as Aboriginal and/or Torres Strait Islander. The median age is 24, and one-third of that population is under the age of 15, highlighting a younger demographic that we need to consider. Forty per cent live without two or more essentials for a decent standard of living. Those essentials could be housing, clean water or food. The median weekly household income for First Nations people is 28 per cent less than for non-Indigenous people, and the gap stretches to 50 per cent in some areas.”
“None of us are better than the next, and there must be truth-telling of the historical and cultural current injustices facing First Nations people. Their history is unique, and we should know it, embed it, celebrate it and use it to advance reconciliation and walk forward together as a strong nation. This government's commitment to establishing a national commission for children and young people goes towards that—towards recognition and towards reconciliation. Why is it so important? We've heard some statistics, but I will raise a few more. These statistics are troubling indeed and provide a stark reminder to this House that there is more work to do. I have to say, hearing the examples from the member for Lingiari, she really spelled out some of these structural failures. She brought that to life with real stories.”
“On this side of the House, we are committed to improving life outcomes for First Nations people, including Aboriginal and Torres Strait Islander children and young people. In my first speech, I relayed the story of my segregated kindergarten, which was a complete contrast to my home, where we ran around the neighbourhood with our Aboriginal friends. I never understood it then, but what it did was ingrain in me the importance of equality and the harm of discrimination. This too is reflected in other remarks I made at that time, which were that everyone, regardless of their heritage, skin colour, sexual orientation, religion or ability must be afforded equal rights and feel safe in our communities.”
“Today, Aboriginal and Torres Strait Islander people maintain strong connections to culture, language and traditional lands. They contribute significantly to the environmental management, economic development and cultural identity of Australia. But the fact is that they do remain underrepresented and face significant hardship. The fact is that colonisation of Australia has negatively affected Aboriginal and Torres Strait Islander people and their communities. This is important to note when considering experiences of disadvantage, discrimination and hardship. From Brisbane to Far North Queensland, the Kimberley and beyond, you don't have to look too far to see the disadvantages.”
“I rise to support the National Commission for Aboriginal and Torres Strait Islander Children and Young People Bill 2026. First Nations people are the traditional owners of the land on which this House resides, of my electorate in Brisbane—Meanjin, the place of the blue water lilies—and of all parts of our great country. First Nations culture is the oldest continuous culture in the world—some 65,000 years. Their connection to land, waterways and the spirits that connect past, present and future are very special, and it's a privilege for me to be here in this House and walk this land with Aboriginal and Torres Strait Islander people, who history frankly has not been kind to and who still suffer because of serious injustices and structural failures.”
“We've also opened new urgent care clinics around Australia, including one in Kelvin Grove in the heart of the Brisbane electorate, and we're making sure that people get access to mental health support when they need it the most, including, again, in Brisbane where we opened a new Medicare mental health centre in Lutwyche last year. But there's always more work to do, and our track record speaks for itself. Australians can rely on this government to deliver. Access to affordable health care closer to home was what we promised and is what we are delivering. This is what strong and united government looks like.”
“I am proud to be a member of this Labor government that is united and getting on with the job of delivering for all Australians. Since the start of this year alone, we've launched 1800MEDICARE, where you can get 24/7 free health advice from a registered nurse. We've rolled out our cheaper medicines. Scripts are now capped at $25 or $7.70 with a concession card. We have delivered a huge funding boost for hospitals across the country. We're rolling out historic women's health packages which deliver more choice, lower costs and better health care for all women at all stages of their lives. Yaz, Yasmin and EstroGel are now on the PBS, and we've opened new pelvic pain clinics across the country.”
“As a government, we have listened, improving regulatory clarity and ensuring seamless interaction with existing laws. The government is committed to strengthening Australia's position as a global leader in financial innovation—one where technology supports productivity, competition and long-term economic resilience. This bill is good for consumers, it's good for businesses, it's good for the economy and it's good for Australia's reputation as a leader in financial regulation and financial services. I support this bill.”
“It ensures digital assets and tokenised custody platforms are subject to the same standards of consumer protection, transparency and integrity that apply across our financial system. This is about foolproofing Australia's regulatory settings. The bill supports innovation and competition while giving regulators the tools to act swiftly when new risks arise—and, at the current rate of innovation, that is greatly needed. It extends longstanding, well-understood financial services obligations that can be applied across a wide, diverse and rapidly developing industry. It's another step to making Australia's economy more dynamic, more resilient and more productive. It advances our commitment to smarter regulation that gets more investment flowing more efficiently and more effectively across our economy.”
“They will boost confidence, attract investment and support jobs by providing trusted rules for emerging digital assets. Labor's economic plan is all about modernising Australia's economy to boost wages and growth, to encourage innovation and to increase living standards, and this legislation is an important part of that strategy. Digital assets are a growing part of our financial system. We cannot ignore that. They offer new ways to trade, invest and build businesses, unlocking capital and strengthening Australia's competitiveness as a financial centre. Australia must keep pace. This bill delivers on the government's commitment to modernise Australia's regulatory framework and prepare it for an ever digitising economy.”