Greens Treasury spokesperson, Senator Peter Whish-Wilson, commented today on suspicions of insider trading on the morning of Monday 4 February 2019 based on a leak of the final report of the Hayne Royal Commission.
Greens Treasury spokesperson, Senator Peter Whish-Wilson, says the Productivity Commission Report into the superannuation industry proves once and for all what the Greens have been saying for years – the super system is rigged in the interests of wealthy trustees and fund managers and needs a major overhaul.
Greens Treasury spokesperson, Senator Peter Whish-Wilson, provides the following comments alongside the release of the Greens submission in response to the Hayne Royal Commission Interim Report.
Senator Whish-Wilson said, “It’s time to move on from bank-bashing rhetoric to bank-changing policies. If we all agree the system is broken then it’s incumbent on us all to put forward policies to fix the system. We can’t just rely upon political jawboning the banks to make them act properly, it’s going to take serious legislative reform.
Greens Treasury spokesperson Senator Peter Whish-Wilson and Leader Dr Richard Di Natale have this afternoon welcomed the release of the interim report of the Banking and Financial Services Royal Commission, saying we must now undertake serious reform to clean up the endless greed in the sector.
“Scott Morrison famously said when announcing this Royal Commission that it would not be ‘capitalism on trial’, but it’s now clear that’s exactly what it is, certainly it’s the worst excesses of capitalism on trial,” Senator Whish-Wilson said.
Greens Treasury spokesperson Senator Peter Whish-Wilson welcomes the Government’s adoption of Greens policy positions on stronger white collar crime penalties after years of campaigning and Senate work.
Senator Whish-Wilson said, “Like the Royal Commission, investigating new white collar crime penalties was a recommendation of the 2013-14 Senate Inquiry into ASIC.