Hayne delivery choreographed

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Via Banking Day:

The deferral of the release of the final report of the Royal Commission into misconduct in banking until late Monday afternoon next week won’t help any banks or investors or a government losing its cool in the countdown to Australia’s upcoming election.

The final report will be publicly released at 4.10pm on Monday, “following the close of trading on the ASX,” the treasurer, Josh Frydenberg, said yesterday.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.