House debates

Wednesday, 13 February 2019

Questions without Notice

Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

2:40 pm

Photo of Clare O'NeilClare O'Neil (Hotham, Australian Labor Party, Shadow Minister for Justice) Share this | | Hansard source

My question is to the Prime Minister. Does the Prime Minister regret describing the royal commission as a populist whinge? Given that this sort of attitude delayed the royal commission for almost two years, why is the Prime Minister repeating his mistake by refusing to schedule extra sittings to implement recommendations of the royal commission?

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | | Hansard source

Does the member for Hotham regret hitting 5,000 people in her electorate with a retirees tax? Does the member for Hotham regret that? The fact of the matter is that we are the only side of politics in this place that have provided a formal and comprehensive response to the royal commission.

The member for Hotham said that they were going to implement every single recommendation, yet the Australian people have seen nothing. They have seen nothing other than an empty press release with no details. What do you say to the 17,000 mortgage brokers across this country, including in your electorate, and the 26,000 people they employ? When do you start to end their businesses? When do you put them out of work? When do you give a big free kick to the banks? Only the coalition, only the Liberal and National parties in government, are delivering a formal, comprehensive response to the banking royal commission, taking action on all 76 recommendations.