Federal opposition treasury spokesman Joe Hockey has again called for the government to reveal its plan to increase competition in the banking sector.
He branded the government "weak and timid", saying it should accept the coalition's already released nine-point plan.
He also repeated calls for a full scale review of the sector, similar to the Stan Wallis-led inquiry of 1996-97.
"We say to the government not to go down the route of using inflated words without any back up," Mr Hockey told journalist in Sydney on Friday. "Get back to the reality of the situation and lay down a plan that is going to deliver more competition and accept the recommendations of the coalition."
Mr Hockey accused Prime Minister Julia Gillard of "confected" anger about the banks to the Australian people, while sending a different message to bankers.
News that makes sense
Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.
"Overnight Julia Gillard has given one speech to the media about bankers and another speech to the bankers themselves," he said.
"Julia Gillard can't work out if she's angry or anxious. "She gave the iron glove speech to the Australian media but gave the velvet glove speech to the bankers," he said. "Now is not the time for confected anger."
Ms Gillard is attending the G20 summit in South Korea. He also said most banks continue to charge home loan exit fees, even though the prime minister has raised expectations that all exit fees will be abolished.
"Exit conditions are still being placed on mortgages by the banks themselves which makes it harder for people to switch their mortgage," he said.
