Chris Bowen says some of the 76 recommendations stemming from the royal commission into the banking and financial sector can be passed through parliament as early as next week. The Coalition says it will carefully assess the report’s findings, which included stricter penalties for negligent mortgage brokers and greater oversight of financial advisors. Mr Bowen says the government should look to legislate some of Hayne’s ‘no brainer’ recommendations next week.
Source: Herald Sun
Comment: Which ones, Mr Bowen? How many? One? Three? Fifteen? Seventy-Five? Do you understand what ‘carefully assess’ means? What is at stake?