House debates

Thursday, 13 September 2018

Matters of Public Importance

Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

4:00 pm

Photo of Anne AlyAnne Aly (Cowan, Australian Labor Party) Share this | Hansard source

That's what he said yesterday in question time: 'Get over it.' That's the advice he has. Suddenly, this Prime Minister has awoken. Suddenly he's reading the room. All of a sudden he woke up to the fact that, for years, the banks and the financial sector has been treating Australians abhorrently. We've had evidence and evidence and evidence—and I don't need to go through it all here, because I know that my colleagues, and particularly the member for Hotham, has given a very, very strong account of some of the claims we heard over the period of this banking royal commission. We on this side didn't need to be told that we needed a royal commission because we didn't see it. We knew it was there. We knew that a royal commission needed to be had. I think it's particularly disgraceful that those on the other side now stand up and claim some kind of victory over having called a royal commission only after they voted against it consecutively 26 times. If this royal commission had been done two years ago, when we first called for it, we would've had it over and done, and we would've had practical and substantive solutions in place now. But, again, all those opposite care about is protecting the banks. It's in their DNA. It's who they forever were and who they always will be.

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