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

It is interesting that Senator Whish-Wilson is going through the list of years that all these various financial disasters happened, because they all happened under the watch of the Rudd-Gillard Labor-Green government—and, of course, the Labor Party did nothing. In fact, the Labor Party in government said that there was no need for a comprehensive inquiry into the financial system. When former shadow Treasurer Joe Hockey recommended a comprehensive financial systems inquiry, the Labor Party dismissed it and said that that wasn't warranted and wasn't appropriate. We know why the Labor Party has been pursuing this: it is purely politics. Mr Shorten doesn't care about people who are victims of financial—