Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

I am pleased to advise the Senate that, on this occasion, Senator Whish-Wilson did appropriately quote the Prime Minister. Indeed, we are not interested in endless further inquiries; we are interested in action. We are interested in how we can ensure that victims with unresolved, legitimate, outstanding issues can achieve resolution of their issues in the most efficient and effective way. We believe that the announcement by CBA of the open advice review program does offer that opportunity. But we reserve judgement. We will monitor the way that is being implemented, and we expect that it is going to be implemented in an appropriately independent and professional way. Subject to how that all plays out, we do not believe that a royal commission, which would take a couple of years and cost a lot of money, is the best way to deal with this particular circumstance.