Senate debates

Wednesday, 24 June 2015

Committees

Financial Services

4:07 pm

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

I move:

That the Senate—

(a) notes:

(i) the recommendations of the Economics References Committee inquiry into the performance of the Australian Securities and Investments Commission, and

(ii) the allegations that financial planners at the Commonwealth Bank of Australia, National Australia Bank, ANZ Bank, Macquarie Bank and, most recently, IOOF had engaged in unethical and/or unlawful activity; and

(b) calls on the Government to establish a royal commission into misconduct within the financial services sector.

I seek leave to make a short statement.

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