Politics and Banking

Prime Minister Turnbull - AAP

Source: AAP

Dr Peter McCawley, former Dean of the Asian Development Bank, former head of the Australian National University's Indonesia Project and currently a Visiting Fellow, at Arndt-Corden Economics Division & Indonesia Project ANU College of Asia and the Pacific in Canberra talks about the Prime Minister’s recent decision to hold a Royal Commission into the banking and finance industry.


Why did the Government finally agree to conduct a royal commission into Australia’s banking and finance industry?  Why do the banks now appear more supportive of a Royal Commission? What is the proposed scope of the Royal Commission? Dr Peter McCawley addresses the issues.


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