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Government accused of dragging its feet on banking reform

Treasurer Josh Frydenberg has vowed to overhaul the financial services sector by the end of next year. Source: AAP

The Federal Government has outlined a timeline for implementing the recommendations from the Banking Royal Commission. The Treasurer, Josh Frydenberg already committed to acting on all seventy-six recommendations earlier this year, but the federal opposition has accused the government of dragging its feet on the issue.

Treasurer Josh Frydenberg has put the financial services sector on notice as he unveiled the road map for implementing the royal commission's recommendations. It's a road map he claims will lead to lasting change.

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