George Brandis (Queensland, Liberal Party, Attorney-General) Share this | Hansard source

Let us accept the position that is common between both sides of the chamber. There have been instances of misconduct by the banks. Some of those instances have been egregious. They should be redressed. So the question is: what is the most effective, immediate and useful form of redress? It's the government's view that, because of the cost and length of a royal commission, a royal commission is not the most useful and immediate form of redress.