Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Banks being held to account: Turnbull

Labor has raised in parliament the issue of a Queensland farming family wronged by ANZ bank.

ANZ had been rightly held to account in the banking royal commission over its "unconscionable" treatment of a farming family, Prime Minister Malcolm Turnbull says.

The prime minister was answering a Labor question in parliament on Thursday about Queensland farmers, Elizabeth and Roderick Handley, who were overcharged interest - denying them access to money - just as the family was dealing with Mrs Handley's cancer.

"The testimony that was given in the royal commission revealed unconscionable conduct," Mr Turnbull said.

"And the ANZ Bank has been rightly held to account."

He said the government was determined to ensure that the wrong that has been done will not be repeated and that those in the financial services sector who have done the wrong thing will be held to account.


1 min read

Published

Source: AAP



Share this with family and friends


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world