Senator SINODINOS (New South Wales—Assistant Treasurer) (15:01): I can inform the honourable member and the Senate that there have been a number of incorrect claims in this regard. We are not winding back the consumer protection provisions under FoFA. Opposition senators interjecting— Senator SINODINOS: No, we are not. Our reform package of amendments is designed to reduce red tape and regulatory— Opposition senators interjecting— The PRESIDENT: Senator Sinodinos, resume your seat. I remind honourable senators that in another three or four minutes they will have the chance to debate this. It is disorderly to interject while the minister is answering the question. The minister is entitled to be heard in silence. Senator SINODINOS: We are retaining the essential elements of FoFA. What we are doing is removing some unnecessary red tape and regulatory burden. What we are doing is clarifying the operation of FoFA and more effectively aligning the legislation with what was envisaged in the original parliamentary report. Opposition senators interjecting— Senator SINODINOS: These clarifications were set out in the dissenting report issued by coalition senators to that PJC report. All of the essential consumer protections will remain. Many of them are enshrined not just in the FoFA legislation but also in the Corporations Law and in the common law.