-- A second parliamentary committee has recommended that the government take another look at its plan to tighten up regulation of the short-term lending industry. Last week the Parliamentary Joint Committee on Corporations and Financial Services released a review of the draft bill, which found that the proposed reforms did not strike the right balance between consumer protection and industry viability. The Senate Economics Legislation Committee reported yesterday that it agreed with that view and added that some of the provisions may be ineffectual.-- Suncorp CEO Patrick Snowball invested A$32,000 buying 3570 shares in the company on Monday. Snowball now directly owns $600,000 worth of shares in the business, on top of shares with a notional value of $5.2 million under a long-term bonus plan.