CHOICE response to the Treasurer's announcement of a six month deferral of Banking Royal Commission reforms. All quotes attributable to CHOICE CEO Alan Kirkland:
"CHOICE welcomes the government's continued commitment to implementing the Banking Royal Commission recommendations.
A six-month deferral strikes a sensible balance between recognising the reality of these unprecedented circumstances and the need to legislate reforms to protect consumers, who will need this even more in the coming months.
We look forward to working with the government to finalise the remaining reforms as soon as possible."
Media contact: Jonathan Brown, email@example.com, 0430 172 669