Treasurer Scott Morrison calls in the banks amid backbench push for royal commission
Scotty, 2 million families have IO Loans and about to lose the very home they owned outright four years ago!!! You say they have issues? BFCSA Members call this catastrophic issue……………………………Your Leader and Government is BENT on not having a proper full blown Royal Commission into Banks and all Regulators. WHY IS THAT?
Stop flopping around and wake up! STEP ONE: Identify the real issue. You want to talk? You know my number. First you need to learn how to Google and not doodle.
Treasurer Scott Morrison will call in Australia's banks on Thursday in a bid to head off a backbench push for a banking royal commission. "For some years now I've been talking to the banks about resolving some legacy cases where people have had issues," he said.
It is understood Mr Morrison intends to meet with Westpac chairman Lindsay Maxsted, Commonwealth Bank chair Catherine Livingstone, ANZ Bank chair David Gonski and National Australia Bank chairman Ken Henry in Sydney.
Mr Maxsted said he expected to discuss a "relatively narrow piece of reform agenda that the government has in mind" in his meeting with the Treasurer.
The meetings come as pressure mounts in cabinet over the prospect of a royal commission, with a cabinet leak revealing on Wednesday that the Turnbull government considered reversing its opposition to one in the face of building backbench concerns.
Foreign Minister Julie Bishop called for a formal investigation into the leak on Thursday, but Mr Morrison would not be drawn. Was Bishop the Leaker?
http://www.smh.com.au/federal-politics/political-news/a-strike-against-malcolm-turnbull-scott-morrison-and-peter-dutton-cabinet-furious-after-leak-20171122-gzqq3v.html