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Traders’ antics are no joke: we need a Royal Commission to get to the heart of the problem

The Australian Greens finance spokesperson, Senator Peter Whish-Wilson, said today that the “ugly spectacle” of Westpac and ANZ traders joking about their apparent rigging of the bank bill swap rate (BBSR) strengthened the case for a Royal Commission in the financial services sector.

Senator Whish-Wilson said, “Trader’s antics are no joke. This sort of callous disregard for the harm being caused reflects a deeper cultural problem at the heart of the financial sector.

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Shorten must walk the talk on local steel and oppose the TPP

The Australian Greens' trade spokesperson, Senator Peter Whish-Wilson, today called on the Labor Party to commit to opposing the Trans-Pacific Partnership (TPP) in the wake of Bill Shorten's comments about Arrium Steel.

Bill Shorten said yesterday that he would require all levels of government to buy local steel, and asked the rhetorical question, "What's wrong with requiring Australian content in the steel?"

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Greens to move motion calling for Royal Commission into the Financial Sector

When the Senate resumes the week commencing 18 April the Greens will again move a motion calling for the establishment of a Royal Commission into the Financial Sector. The Greens last moved this motion on the 24 June 2015 at which time it was opposed by the Labor Party and the Coalition Government.

Greens Finance spokesperson,  Senator Peter Whish-Wilson, said, "It's time to work out where everybody stands on this. The Australian public are clamouring for Royal Commission to root out crime and misconduct in the financial sector.

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