House debates

Monday, 22 May 2017

Questions without Notice

Banking and Financial Services

2:49 pm

Photo of Bill ShortenBill Shorten (Maribyrnong, Australian Labor Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. For years now, whenever costs for banks have increased the banks have invariably passed those costs straight onto customers. But it seems that whenever costs go down the banks pocket the difference. Given that the banks have confirmed that they plan to continue this behaviour by passing on the cost of the Prime Minister's bank tax, when will the Prime Minister finally pull the banks into line and give them the royal commission they deserve?

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