Senate debates

Thursday, 30 November 2017

Questions without Notice

Banking and Financial Services

2:48 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

I can confirm that a letter from the banks was received this morning. As to the precise time, I'd have to take that on notice and check with the Treasurer. I can also confirm that the government made the decision in relation to the establishment of a royal commission this morning, which is a matter of public record and which I've already indicated in response to the question by Senator Whish-Wilson. Thirdly, I can confirm that the government always has ongoing consultations on a whole range of matters with all stakeholders across Australia, including the very important stakeholders in relation to important financial institutions.

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