Articles on Royal Commission

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Scott Morrison said the Moody’s affirmation was a ‘welcome boost’. Mick Tsikas/AAP

Australia’s AAA rating affirmed by Moody’s

Moody's has reaffirmed Australia's AAA credit rating, as Malcolm Turnbull seeks to put pressure on Labor and crossbenchers to pass measures to help repair the budget.
Malcolm Turnbull’s plan to bring bank executives before a parliamentary committee at least annually has been seen as little more than token. Mick Tsikas/AAP

The banking story has a way to run for Malcolm Turnbull

Malcolm Turnbull’s resistance to a royal commission into banks is flouting public opinion and will test his own backbenchers, who have their fingers on the electoral pulse on this hot-button issue. An…
One has to ask what the banks fear. Are there further pockets of wrongdoing yet to emerge? No, they say. AAP/Paul Miller

Turnbull inquiry-lite bank plan falls short

Malcolm Turnbull’s plan to have the chiefs of the big banks regularly front a parliamentary committee is more gesture than substance. What it tells us is that Turnbull is very sensitive to the strong public…
Northern Territory Chief Minister Adam Giles, flanked by corrections commissioner Mark Payne and police commissioner Reece Kershaw, speak to the media on Tuesday. Neda Vanovac/AAP

Evidence of NT detention centre abuse was there for all to see

It is surely extraordinary it took a Four Corners program, excellent as it was, to force the attention of Northern Territory and federal politicians on to the scandal of the NT detention system when most…
On Thursday, Bill Shorten was in Western Sydney promising a limited night ‘no-fly zone’ when the planned Badgerys Creek airport comes into operation. Dan Himbrechts/AAP

Grattan on Friday: Who wins the biffo over the banks is politically important because this issue bites

When asked this week whether in retrospect she regretted the government trying to undo Labor's consumer protections, Assistant Treasurer Kelly O'Dwyer denied it had happened.
Scott Morrison told a joint news conference with Assistant Treasurer Kelly O'Dwyer that the banks would pay an additional $121 million to increase the resources of ASIC. Lukas Coch/AAP

Morrison warns banks not to pass on new ‘user-pays’ impost to finance ASIC reform

Scott Morrison has warned the banks not to pass on to customers the $120 million user-pays charge imposed on them to finance a strengthened Australian Securities and Investments Commission.
Opposition leader Bill Shorten says public confidence in the banking sector has taken ‘hit after hit’ in recent years. Tracey Nearmy/AAP

Labor pledges royal commission into bank behaviour

Bill Shorten has promised a Labor government would set up a royal commission into misconduct in the banking and financial services industry.
George Pell’s evidence, which implied that children’s complaints of abuse were widely disbelieved ‘back then’, overlooks the long history of successful prosecutions. AAP/Jeremy Piper

To believe or not to believe: child witnesses and the sex abuse royal commission

George Pell told the royal commission into child sex abuse the Catholic Church was predisposed not to believe children's complaints. But, when abuse was reported, police and the courts believed them.

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