Financial Services Royal Commission if Labor Wins

financeIf Labor wins the next election, we can expect a royal commission into the financial services industry.

The announcement has started a fierce political fight over the wrongdoing in the financial services sector between the Coalition and Labor.

Mr Shorten and Mr Bowen speaking at a press conference held in Melbourne recently said that the first 100 days of office if they won would involve considering and compiling terms of reference for a royal commission.  Read more at: http://www.smh.com.au/business/banking-and-finance/labor-calls-for-royal-commission-into-finance-20160407-go1dnr.html#ixzz45X8vnahz