Labor has responded to Kenneth Hayne's interim report, arguing that the "tight timeframe" of the Royal Commission left "very little time to hear from victims of misconduct."
In a paper co-authored by Bill Shorten, Chris Bowen and Clare O'Neil, Labor said it was "no secret that the Morrison Government never wanted a Royal Commission," noting that Morrison himself labelled the prospect a "populist whinge."
As a result, the paper argued, the Commission was unable to field anything approaching the more than 10,000 submissions made, ultimately hearing from 27 people. Following on from the party's calls to extend the Commission, Labor has since met with victims of financial misconduct in a series of roundtables across the country in order to hear (and publish) their views.
Labor said these roundtables provided "additional clarity and breadth to the preliminary conclusions about bank culture that the Commissioner outlined in his interim report," adding
In its response to the Royal Commission, Labor said it would "act faster....
Here’s how the regulator is responding to the Royal Commission report.....
26 February, 2019
In its response to the Royal Commission, Labor said it would "act faster and go further" with the final report's recommendations.
21 February, 2019
Here’s how the regulator is responding to the Royal Commission report.
04 February, 2019
A range of recommendations have been made in the final report.