A Royal Commission is the only way to bring the facts about what has been going on
into the open...
Greens to move motion calling for Royal Commission into the Financial Sector
http://greens.org.au/news/tas/greens-move-motion-calling-royal-commission-financial-sector
When the Senate resumes the week commencing 18 April the Greens will again move a motion calling for the
establishment of a Royal Commission into the Financial Sector.
The Greens last moved this motion on the 24 June 2015 at which time it was opposed by the Labor Party and
the Coalition Government.
Greens Finance spokesperson, Senator Peter Whish-Wilson, said, "It's time to work out where everybody
stands on this.
The Australian public are clamoring for Royal Commission to root out crime and misconduct in the financial sector.
"The Labor Party has been fence sitting on this issue for far too long and this has given the Government the
freedom to ignore the issues.
"Every major banking institution has been now been implicated in scandals. This runs industry-wide.
"Treasurer Scott Morrison's comments this morning in defence of the sector were hysterical.
While he only deals with the banks across boardroom tables and at fundraising dinners, I have to deal with
four bank executives being evasive at Senate Inquiries and then console victims of the banks who get no
redress from the impacts of their dodgy practices.
"It's time for Scott Morrison to get into the real world and stop defending the indefensible and systemic
failures of ethics in the financial sector," he concluded.