Christian Ported voted 24 times to block a Banking Royal Commission

Member for Pearce, Christian Porter, voted 24 times to block a royal commission into the banking and financial services. The Royal Commission has already uncovered evidence of widespread criminality by the big banks. 

And now Mr Porter is supporting a push to give the big banks a $13.2 BILLION corporate tax cut AND laws that allow banks to get their hands on industry super. 


DAVID SPEERS: Would you see any argument though that better to take ownership of the whole thing and announce something, rather than having it forced on you by the Parliament and indeed some of your backbenchers?

CHRISTIAN PORTER: Well, the position’s the position. And the position that we’ve had and maintained is that we’re not in favour of a banking royal commission. And the reasons for that have been noted previously but, as I noted today at the Press Club address, I don’t think that people, even those who have suffered at the hands of the bank, are going to get what they want out of a royal commission.

Sky News PM Agenda – 23 November 2017


Source: Hansard


24 TIMES CHRISTIAN PORTER MP VOTED AGAINST A BANKING ROYAL COMMISSION


The Banking Royal Commission has proved that we're being ripped off and it never would have happened if Christian Porter had his way.

Big banks are out of control.

Small business owners, farmers and working people have been robbed.

The banks bring in record profits every year.

We can stop this tax cut. We can stop banks ripping people off.

 


HERE’S WHAT THE ROYAL COMMISSION HAS EXPOSED SO FAR:

1. Commonwealth Bank charged dead people fees for over ten years

2. Commonwealth Bank charged millions in fees and still hasn’t paid them all back

3. Commonwealth Bank is being sued for failing to comply with laws targeting money laundering for terrorist groups and drug cartels

4. Westpac refused to stop pushing people into dodgy products, saying it would put them at a commercial disadvantage

5. AMP stole fees from customers for no service, lied to the regulator, trapped people in dodgy investments and charged them up to $25,000 per month for the privilege

6. NAB handed people cash to sign others up people to bad deals

7. ANZ and NAB manipulated the banking bills swap rate for massive profits