The federal opposition leader Bill Shorten has committed Labor to holding a Royal Commission into the banking and financial industry, if it takes office after the federal election. Image: Federal opposition leader Bill Shorten(AAP)
The federal opposition leader Bill Shorten has committed Labor to holding a Royal Commission into the banking and financial industry, if it takes office after the federal election. Image: Federal opposition leader Bill Shorten(AAP)
But senior government members and the banking sector say an inquiry is not warranted and could undermine the stability banks provide to the Australian economy and investment.
