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

When this was filed in the Federal Court, AUSTRAC said in the very last sentence:

The effect of CommBank's conduct in this matter has exposed the Australian community to serious and ongoing financial crime.

We don't know whether this is going to be a criminal case or a civil case at this stage. But let me tell you what is criminal: that's the amount of money that the CEO and the executives of CommBank get paid. It is very clear that, if you think the CEOs of these big banks are paid too much, go to the right of the chair, and, if you don't think they're paid too much, go to the left of the chair.