House debates

Thursday, 1 September 2016

Questions without Notice

Banking and Financial Services

2:11 pm

Photo of Bill ShortenBill Shorten (Maribyrnong, Australian Labor Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. Today the Senate stood up and called on the Prime Minister to establish a royal commission to clean up the banking and financial sector. Earlier this morning I met with victims who have suffered hardship and distress as a result of widespread rorts and rip-offs in banking—victims including Michelle, spoken of in the last question, who specifically want the Prime Minister to establish a royal commission. Will the Prime Minister now explain why those victims who have tried all the mechanisms outlined by the Prime Minister are wrong to demand a royal commission?

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