Kenneth Hayne opposed to extending banking royal commission

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By Leith van Onselen

With the interim report into the banking royal commission released on Friday, Labor has called for an extension beyond the next election to ensure that more victims are heard and that the next federal government has the opportunity to implement the recommendations. From 9News:

The opposition is concerned not enough victims have been able to tell their stories, with just 27 victims having their voices heard out of more than 9000 submissions.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.