LABOR LAUNCHES BANK VICTIM PORTAL

Yesterday, Opposition Leader Bill Shorten announced that Labor will travel to cities and towns around Australia that have not been visited by the Royal Commission to hold a series of roundtables with victims. Misconduct in the financial services sector is a national issue – and we believe Australians across the country deserve their chance to be heard. 

 

Since the announcement, we have been inundated with banking victims across the country wanting to have their say at one of our roundtables.

 

In light of this response, we have set up a portal for anyone interested in attending any of Labor’s banking roundtables: https://www.alp.org.au/banksrc. Through the portal, bank victims can register their interest in a roundtable, and let us know about their experience of misconduct and what they believe should change in the financial services sector.

 

Labor is running this process because Scott Morrison doesn’t want to hear from bank victims. He always has been, and always will be, on the side of the big banks.

 

He spent 600 days fighting against the Royal Commission, labelling it a ‘populist whinge’ and a ‘reckless distraction’. He voted against the Royal Commission 26 times. And he spent years trying to reward the big banks with a $17 billion tax cut. Now, he’s refusing to extend the Royal Commission – all but guaranteeing victims won’t get a say in responding to the Commission’s recommendations for reform.

 

Unlike the Liberals, Labor will listen to victims. Misconduct in the financial services sector is a national issue – and we believe Australians across the country deserve their chance to be heard.

 

Labor called for this Royal Commission, Labor fought for this Royal Commission, Labor will allow victims to have their say, and Labor will work day and night to protect Australian businesses and consumers from this appalling misconduct.