Senate debates

Thursday, 30 November 2017

Questions without Notice

Banking and Financial Services

2:48 pm

Photo of Chris KetterChris Ketter (Queensland, Australian Labor Party) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Cormann. Can the minister confirm that the letter from the four major Australian banks supporting a royal commission was received at 8.30 am and that the Prime Minister and Treasurer stood up just half an hour later to announce their policy backflip? What discussions occurred between the Turnbull government and the banks prior to the letter being released?

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