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Banking royal commission: Labor asks Turnbull for compensation scheme

Labor has demanded the government establish a compensation scheme for victims of banking misconduct, as Turnbull government ministers struggle to deal with the fallout of the royal commission’s revelations after just two weeks of hearings.

Banking royal commission: Labor asks Turnbull for compensation scheme
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In a letter to Malcolm Turnbull, written just hours after the financial services minister, Kelly O’Dwyer, repeatedly refused to acknowledge the government was wrong to delay calling a royal commission Bill Shorten said an extension for the inquiry, an apology and compensation scheme were the “least the government can do”.

Read the full article on The Guardian.

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