VIDEO: Michelle Grattan on a royal commission into the banks

Labor nosed ahead of the government in the latest Newspoll but Michelle Grattan tells Stephen Parker this won’t necessarily translate into an election loss for the Coalition.

The prospect of a double dissolution firmed as some of the Senate crossbenchers signalled their unwillingness to compromise on the government’s industrial relations legislation.

Against this backdrop, Malcolm Turnbull took a strong stand against ethical lapses in the banking sector, while Labor stood to announce a royal commission.