After entering politics, Falinski attributed the company's failure to the ALP's economic policies and the early 1990s recession, stating that "the bank took our family home" as a result of the collapse.
[18] Falinski has called for reform of the Australian Taxation Office, stating that the onus of proof should lie with the ATO, not the taxpayer, in relation to allegations of fraud or evasion.
The committee also recommended that mechanisms be put in place to ensure asset managers engage with their members when making voting decisions, and to require proxy advisers to hold a broader financial service licence than is currently the case.
In 2021, the Inquiry recommended reforms which were accepted by then Treasurer, Josh Frydenberg, including legislative changes which would allow an employee to leave their job without facing a large tax bill on shares they had been issued.
[24] Falinski is a supporter of the Beaches Link, and has expressed his disappointment at delays to the project due to lacklustre funding commitments from the Government of New South Wales following the resignation of Gladys Berejiklian.
[25] During his time as the member for Mackellar, Falinski consistently campaigned for funding to upgrade Wakehurst Parkway by widening and flood-proofing this critical arterial road.
[27] In October 2021, Falinski was named as one of several moderate Liberal MPs pressuring the Morrison Government to commit to a net-zero by 2050 target in the lead up to COP26, which they ultimately succeeded in doing.
Falinski was credited with hosting and convening regular zoom meetings with like-minded colleagues to discuss how they could get the Prime Minister Scott Morrison to commit to their position.
[35] In March 2021, Falinski co-wrote an opinion piece with the outgoing member for Boothby, Nicolle Flint MP, calling for the Liberal Party of Australia to consider adopting a candidates list, in a similar vein to the model introduced by David Cameron to the UK Conservatives.
The incident involving Falinski centred around communications sent to super fund trustees in his electorate inviting them to attend a $25 a head function where the Liberal committee chair, Tim Wilson, was billed as the guest speaker.
[39] At the 2022 election, Falinski attended a joint event with the Liberal candidate for Warringah, Katherine Deves, who had attracted controversy for comments describing transgender children as "surgically mutilated and sterilised".