House debates

Wednesday, 13 February 2019

Questions without Notice

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

2:34 pm

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

We're waiting for the Leader of the Opposition's response to the banking royal commission and so are 25 million Australians. They're sick and tired of these stunts. The member for McMahon was desperate for us to put out the banking royal commission report so he could respond. A week later, we've seen absolutely nothing. The member for Hotham said they would agree to every single recommendation. Where is the start date for their response on the banking royal commission? This is what the Leader of the Opposition said back in 2012: 'Our banks are amongst the best in the world.' He said:

Well you know it's easy perhaps for politicians, current politicians, to go to extremes. Banks do have to make a profit.

That's what the Leader of the Opposition said. We are getting on with legislation in this parliament to implement the recommendations of the Hayne royal commission.

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