The government hopes to neutralise the shocking royal commission evidence by accepting everything Kenneth Hayne recommended
Follow live reaction to the royal commission report
Yes, the Morrison government has said meekly, to everything the banking royal commissioner Kenneth Hayne has recommended.
In political terms, it’s blindingly obvious why. A federal election is in sight. The Coalition is vulnerable on this issue, having spent years obstructing a deeply necessary inquiry that unearthed a trove of malfeasance – case studies that still beggar belief. Scott Morrison at one point opined rashly that calls for a royal commission into the banking sector (after a string of scandals that, in the end, proved the tip of the iceberg) were a “populist whinge”.
Continue reading...from The Guardian http://bit.ly/2HRhnlK
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