SKIP TO MAIN CONTENT

Treasury team to help tackle bank issues

Treasury Secretary Phil Gaetjens says no pride can be taken in the banking royal commission's interim report.

1 min read

Published

Source: AAP


Skip to article content

Treasury has established a task force to help the federal government respond to issues raised by the banking royal commission.

Secretary Phil Gaetjens told a Senate estimates hearing that Treasury recently created the task force to help the government deal with the serious problems raised in the interim report, released last month.

"It is clear that once the royal commission hands down its final report, due by the first of February, that there will be more work to do," he told the hearing in Canberra on Wednesday.


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