This is a dark day for Australian banking, and a terrible indictment on the greed in the industry.

The final report of the Banking Royal Commission has uncovered unconscionable, corrupt and potentially criminal behaviour in the banking and financial services sector.

It is a comprehensive blueprint to clean up the industry, restore Australians’ trust in their banks, and put the interests of consumers first.

The Liberals voted against the Banking Royal Commission 26 times. Today, they’ve shown they still won’t get tough on the banks.

On too many issues, the Government does not accept the Royal Commission’s recommendation, does not propose adequate action, or delays action.

So we need your help to put pressure on the government to clean up the industry and protect Australians from being ripped off – will you share this graphic and help spread the news?



The Liberals tried to stop this Royal Commission from happening. They cannot be allowed to go soft on the banks or go slow on implementing the reforms.

So will you help us spread the news about the findings of the Banking Royal Commission and put pressure on the government to act?

As Commissioner Hayne says in his final report: “The financial services industry is too important to the economy of the nation to allow what has happened in the past to continue or to happen again.”

Finally, I’d like to pay tribute to the victims of banking misconduct, the whistleblowers and the advocates.

To the individuals, families, small business owners and farmers – the Royal Commission would not have happened without you.

We will have a better, stronger and fairer banking system for all Australians because of you.

Thank you.

Bill Shorten
Labor Leader



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The public should never forget this:

"The Liberals voted against the Banking Royal Commission 26 times."

Hopefully it will feature prominently in Labor's election campaign.

"The Liberals voted against the Banking Royal Commission 26 times."

Get your donations in guys,  we can plaster every billboard and lamp post in the country slamming home the libtards opposition to a RC on 26 occasions

Today, the banks are UP about 4% on the stock exchange.

The Banking Royal Commission?

A fizzer. ::)


https://i.imgur.com/Gq7Foee.gif

Captain Nemo wrote on Feb 5^th, 2019 at 9:50am:

Today, the banks are UP about 4% on the stock exchange. The Banking Royal Commission? A fizzer. ::) https://i.imgur.com/Gq7Foee.gif

they were expecting the recommendations to be much worse.

Its time wrote on Feb 5^th, 2019 at 9:43am:

The Liberals have their backers from the big end of town

If you weren't so lazy, you'd find that Labor also has backing from the big end of town

One example: the ANZ bank donates as much money to the Labor Party as it does to the Liberal Party

And Union donations to Labor are miniscule compared to big business donations to Labor

Bias_2012 wrote on Feb 5^th, 2019 at 2:48pm:

Its time wrote on Feb 5th, 2019 at 9:43am: The Liberals have their backers from the big end of town If you weren't so lazy, you'd find that Labor also has backing from the big end of town One example: the ANZ bank donates as much money to the Labor Party as it does to the Liberal Party And Union donations to Labor are miniscule compared to big business donations to Labor

::)

Unions:

Australian Labor Party (ALP)      Shop, Distributive & Allied Employees' Association - National      $657,395

Australian Labor Party (ALP)      United Voice      $520,000

Australian Labor Party (ALP)      Community and Public Sector Union (PSU Group)      $394,768

Australian Labor Party (N.S.W. Branch)      Health Services Union NSW      $318,713

Australian Labor Party (ALP)      Automotive Food Metals Engineering Printing & Kindred Ind. Union      $300,000

Australian Labor Party (State of Queensland)      United Voice       $229,028

Australian Labor Party (Western Australian Branch)      The Shop, Distributive & Allied Employees' Association of Wester      $191,331

Australian Labor Party (Victorian Branch)      Electrical Trades Union of Australia - Victorian Branch      $135,000

Australian Labor Party (State of Queensland)      The Australian Workers' Union of Employees Queensland      $131,140

Australian Labor Party (N.S.W. Branch)      Shop, Distributive & Allied Employees' Association - National      $111,000

etc.

Big Business:

Australian Labor Party (ALP)      ANZ Banking Group Limited      $100,000

Australian Labor Party (N.S.W. Branch)      Hong Kong Kingson Investment Co., Ltd.      $100,000

Two largest donations to the Liberal Party:

- Liberal Party of Australia (Victorian Division)      Cormack Foundation Pty Ltd      $2,535,000

- Liberal Party of Australia      Paul Marks       $1,300,000


Two largest donations to the Labor Party:

- Australian Labor Party (ALP)      Shop, Distributive & Allied Employees' Association - National (Union)      $657,395

- Australian Labor Party (ALP)      United Voice (Union)      $520,000

We don't have statespersons - we have paid employees who we expect to do their job properly.

greggerypeccary wrote on Feb 5^th, 2019 at 3:15pm:

Two largest donations to the Liberal Party: - Liberal Party of Australia (Victorian Division)      Cormack Foundation Pty Ltd      $2,535,000 - Liberal Party of Australia      Paul Marks       $1,300,000 Two largest donations to the Labor Party: - Australian Labor Party (ALP)      Shop, Distributive & Allied Employees' Association - National (Union)      $657,395 - Australian Labor Party (ALP)      United Voice (Union)      $520,000

Yet they're after Labor NSW for $100,000 from the chinks... and someone even said there were fears Labor would make it up (it's quarantined pending investigation) from Union donations.... well DUH!

So the LNP can gather as much funding as it likes from any source, but Labor is not allowed to do so.... sure, sure.... I'll go with that..... every damned day!

Captain Nemo wrote on Feb 5^th, 2019 at 9:50am:

Today, the banks are UP about 4% on the stock exchange. The Banking Royal Commission? A fizzer. ::) https://i.imgur.com/Gq7Foee.gif

Is that before or after Downfall?

It's after the release of the final report.

A fizzer.

Captain Nemo wrote on Feb 5^th, 2019 at 5:21pm:

It's after the release of the final report. A fizzer.

Of course the stocks went up....after our wonderful treasurer virtually told the market "we will act on the recomendations but will not implement all of them".
To me that says carry on as normal boys, we've got your back. 

macman wrote on Feb 5^th, 2019 at 8:20pm:

Of course the stocks went up....after our wonderful treasurer virtually told the market "we will act on the recomendations but will not implement all of them". To me that says carry on as normal boys, we've got your back.

So what will Bill do should he win the election? Another Commission? Different penalties?

lee wrote on Feb 5^th, 2019 at 8:54pm:

macman wrote on Feb 5th, 2019 at 8:20pm: Of course the stocks went up....after our wonderful treasurer virtually told the market "we will act on the recomendations but will not implement all of them". To me that says carry on as normal boys, we've got your back.  So what will Bill do should he win the election? Another Commission? Different penalties?

How about we just implement the recommendations. Not hard, is it?

macman wrote on Feb 6^th, 2019 at 6:41am:

How about we just implement the recommendations. Not hard, is it?

Well perhaps you can petition Bill to do so should he win the election. I am sure he will listen.

lee wrote on Feb 6^th, 2019 at 1:19pm:

macman wrote on Feb 6th, 2019 at 6:41am: How about we just implement the recommendations. Not hard, is it? Well perhaps you can petition Bill to do so should he win the election. I am sure he will listen.

Bill won't need to be petitioned wank,he's already said what he'll do. You see, labor has nothing to lose unlike your corrupt mob who need the donations from the banks.

macman wrote on Feb 6^th, 2019 at 8:19pm:

Bill won't need to be petitioned wank,he's already said what he'll do.

Nothing but platitudes in the OP.  ;)