Senate debates

Monday, 26 November 2018

Committees

Select Committee on Misconduct by Bank Agents and Associates; Appointment

4:29 pm

Photo of Anne RustonAnne Ruston (SA, Liberal Party, Assistant Minister for International Development and the Pacific) Share this | Hansard source

The government established the financial services royal commission to ensure Australia's financial system works efficiently, effectively and in the interests of consumers. The commission has received over 3,200 phone calls and over 5,500 emails from members of the public, and 10,140 public submissions detailing consumers' experiences with financial service providers. Each and every one of these submissions has been read and considered by the royal commission. The government awaits the outcome of the royal commission and will take the necessary action to restore the public's confidence and trust in our financial system, and to ensure our financial system operates in the best interests of consumers.

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