TREASURER MUST RELEASE BANKING ROYAL COMMISSION REPORT

CHRIS BOWEN MP.
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5 years ago
TREASURER MUST RELEASE BANKING ROYAL COMMISSION REPORT
CHRIS BOWEN MP
It is in the national interest for the Australian people and victims of banking scandals to be able to access the Hayne Banking Royal Commission’s final report and form their own views, at the earliest opportunity, and that means on Friday 1 February.
 
I have written to the Treasurer requesting the release the final report and related documents of the Banking Royal Commission as soon as practicable after it is received by the Government.
 
The Liberal Party has no excuses not to release the final report of the Hayne Royal Commission when they receive it on 1 February.
 
Josh Frydenberg released the Royal Commission’s interim report on the day they received it – and that was appropriate.
 
The Government’s handling of the Banking Royal Commission has been woeful from start to finish, having voted 26 times against establishing one and refusing to extend it to hear from more victims of banking scandals.
 
Refusing to release the Royal Commission’s final report immediately would unnecessarily politicise the handling of the report and give rise to potential material market risks around leaks of all or part of the report.
 
Labor called for this Royal Commission, Labor fought for this Royal Commission, Labor will establish a Financial Services Royal Commission Implementation Taskforce, and Labor will work day and night to protect Australian businesses and consumers from this appalling misconduct.
 
Treasury