Senate debates

Monday, 12 February 2018

Questions without Notice

Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

2:23 pm

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

I'm not going to provide a running commentary on a royal commission that has only just started. The royal commission is a royal commission. It has all the powers of a royal commission. The royal commissioner has all the powers of a royal commissioner. He is independent. He has all of the powers he needs. If the royal commissioner were to provide advice to the government at the appropriate time, we would consider it, but I'm not going to interfere in the proper conduct of an independent royal commission which was set up that way and which will report in due course.

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