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

The royal commission looked back at misconduct a decade ago, which included misconduct that occurred on the Leader of the Opposition's watch. The Leader of the Opposition had Trio, had Storm Financial and had Opes Prime. The Leader of the Opposition, who was then the financial services minister of this country, was running around saying our banks were the best in the world. The Leader of the Opposition, who was then the financial services minister, said our regulators were the best in the world. The Leader of the Opposition, who was then the financial services minister, didn't call the royal commission. When we came to government, we called the Murray financial systems inquiry and we have been implementing the recommendations ever since. Now, with the Hayne royal commission, we're implementing its recommendations too.

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