red baron wrote on Feb 5
th, 2019 at 1:25pm:
Talk about "cometh the hour cometh the man"
Royal Commissioner Kenneth Hayne has acted with intelligence, fearlessness and truthfulness
At last someone with genuine integrity has taken apart an industry that is rotten to its core with corruption
He has laid out a path which the Government be it Liberal or later this year Labor should tread with implementing the critical 76 recommendations ensuing from this Royal Commission
There is a once in a lifetime opportunity to lay the foundations for future generations
All corruption must be swept aside. Perpetrators must be criminally charged
A body to oversee the actions of APRA and ASIC must be formed and it must be given real teeth if those lazy arsed bodies posing as regulators do not do their job in future
These things must happen and if they don't I fear for the future of this Country
Ignoring all your usual jargon, I do agree that Hayne has done his job perfectly and delivered an entirely appropriate Report.
People have a totally misguided understanding of what a Royal Commission is. Basically, all it can do is investigate, ask questions in an inquisitorial fashion, (there is no Trial) and produce a Report with recommendations.
Some parts of the schmedia are attempting to smear the Report and Hayne because he did not give them names so they could spend the next several weeks if not months rubbishing and witch hunting some hapless arsehole who was never on Trial or allowed to defend himself in the normal fashion. There is no right to silence etc in a RC. No right to call one's own witnesses.
A Royal Commission's function is merely administrative and definitely not judicial.
Hayne has given due recognition to that and has rightly denied the arsehole schmedia its cheap shot fun in the Sun.
Well done him.
If a regulatory authority to whom Hayne has made recommendations can find evidence of a criminal offence, it is
their function, not Hayne's, to name the individuals by having them charged and processed through the criminal justice process.
It is the Government's function to ensure those authorities are motivated and properly resourced to do the job expected of them.