Senate debates

Thursday, 30 November 2017

Questions without Notice

Banking and Financial Services

2:49 pm

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

As you know, the government's position, until we made a decision otherwise this morning, was to oppose a royal commission, and that is a matter of public record. We did not believe that a royal commission was in the national interest. But, given the way the politics of this debate have evolved, we took the view that it was important for the government to take control in the national interest, and that is, of course, what we've done. In relation to the other matters the senator has raised, I will consult the Treasurer.

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