banking industry

Complaints by conservative commentators that Treasurer Scott Morrison and Prime Minister Malcolm Turnbull have delivered a “Labor budget” show how low expectations are that any federal government in Australia will deliver a budget aiming to advance genuine social justice in this country.

The Turnbull Coalition government must call a full royal commission into CommInsure, the Commonwealth Bank and the general financial malpractices of the insurance and banking industry immediately.

This Coalition government wasted more than $50 million in taxpayers' funds on the royal commission into the union movement, but adamantly refuses to hold a proper inquiry into its big business mates in the major banks.

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