If we cannot call him by his name, the Prime Minister, the lunchtime warrior, gave Westpac a lecture—wow, didn't that change their ways? We listened more carefully to what the Prime Minister said than the big banks did. The next day we said, 'Even if the Prime Minister says there is a problem in the culture, enough is enough.'

The final straw which tipped the back of the case in favour of the royal commission was delivered by none other than the gentlemen sitting opposite me. It is not just Mr Turnbull, the current Prime Minister, who has acknowledged—