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Regulation bonfire is a smokescreen

The Australian Greens say Tony Abbott is trying to burn up important protections in his so-called regulation bonfire.

"When Tony Abbott has a bonfire of regulations he hides his true agenda in the smoke," Greens Leader Christine Milne said.

"The Prime Minister's rhetoric on this repeal day is all about storytelling and hiding help for his mates. Many of these changes are routine review of redundant regulations, but there are some very bitter pills.

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Protect consumers and financial planners: disclosure of fees vital for integrity of industry

The government should not delay much-needed financial services reforms for consumers and providers of financial advice, Australian Greens Leader Bob Brown said today.

"People setting aside hard-earned money for their retirement or other purposes have every right to know how much money financial planners are making in fees. It is also vital for people seeking financial advice that the potential for conflicts of interest is reduced," Senator Brown said in Canberra.

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