Senate debates

Monday, 28 November 2022

Matters of Public Importance

Assistant Treasurer

4:50 pm

Photo of Malcolm RobertsMalcolm Roberts (Queensland, Pauline Hanson's One Nation Party) Share this | Hansard source

It seems Stephen Jones is to the Labor Party as Josh Frydenberg was to the Liberals: the bank's man in the government. Whether it's defending the right of the banks to bail in the cash in your account; whether it's turning a blind eye to banks closing their rural bank branches, which has increased this year under Minister Jones; whether it's allowing the King's currency to be shunned so the banks can force everyone onto electronic banking, with every transaction helping bank profits and every sale providing a data- and profit-rich environment for the banks; or whether, as it is today, it's letting banking executives off the hook for egregious behaviour, that should be criminal. These hideous, inhuman banking crimes were brought to light during the Senate's Select Committee on Lending to Primary Production Customers in 2017, an inquiry that Senator Pauline Hanson got and that I chaired. Four years later, not one of those victims has been compensated nor a banker prosecuted. Minister Chalmers is protecting the banks over the best interests of the people.

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