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

I thank Senator Dastyari for that supplementary question. It would not surprise the senator that I do not agree with his characterisation of the government's response. The government continues to implement good public policy in the financial services space. We continue to focus on finding the most efficient and effective resolution of legitimate outstanding issues for aggrieved Commonwealth Bank customers.

The Labor Party can try to play political games with this as much as they like. We will continue, in an orderly and methodical fashion, to work with the industry to lift professional, ethical and educational standards across the financial advice industry. We will continue to ensure that we have a regulatory system that is not only robust, so that people accessing advice can trust that advice, but also efficient, so that advice is affordable.